Healthpeak Properties Inc. (NYSE: DOC) Recovers 45.80% From 52-Week Low, Is DOC Still A High-Risk, High-Reward Play?

Healthpeak Properties Inc. (NYSE:DOC) currently has a daily average trading volume of 4.81M but it saw 4838332 shares traded in last market. With a market cap of 15.54B USD, the company’s current market price of $22.22 came falling about -0.54 while comparing to the previous closing price of $22.34. In past 52 weeks, the stock remained buoying in the range of price level as high as $23.14 and as low as $15.24. In the recent trading on the day, stock has struck highest price mark of $22.07 while lowest mark touched by it was $22.34.

Taking a look at 20-day trading activity of Healthpeak Properties Inc. (DOC) gives us an average price of $22.36, while its current price level is -3.98% below from 52-week high level whereas it is 45.80% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $22.02 while that of 200 days or SMA-200 reads an average of $19.68. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.66% during that period while stretching the period over a month that increases to 1.90%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 49.03 which implies that the stock is in neutral territory.

Exane BNP Paribas upgraded its recommendation for the stock as a “Outperform” from “Neutral” on April 26, 2024 while assigning a price target range of $19-$21. Mizuho issued its recommendations for the stock as it resumed the price target for the stock is $22.

Over the week, DOC’s stock price is moving -1.24% down while it is 0.18% when we observe its performance for the past one month. Year-to-date it is 12.22% up and over the past year, the stock is showing an upside performance of 28.29%.

Currently, Healthpeak Properties Inc.’s total number of outstanding shares is 699.29M. Company’s return on investment (ROI) stands at 1.61% and return on equity (ROE) at 3.76%. It has a price to earnings ratio (P/E ratio) of 47.83 while having a 95.72 of forward P/E ratio. Stock’s beta reads 1.12. Stock has a price to book (P/B) ratio of 1.78 while price to sale or P/S ratio amounts to 6.44. Its return on asset (ROA) is 1.60% on average.