SITE Centers Corp (NYSE:SITC) currently has a daily average trading volume of 3.03M but it saw 1484858 shares traded in last market. With a market cap of 889.58M USD, the company’s current market price of $16.98 came falling about -1.51 while comparing to the previous closing price of $17.24. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.15 and as low as $8.39. In the recent trading on the day, stock has struck highest price mark of $16.85 while lowest mark touched by it was $17.305.
Taking a look at 20-day trading activity of SITE Centers Corp (SITC) gives us an average price of $34.12, while its current price level is -6.45% below from 52-week high level whereas it is 102.39% 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 $49.60 while that of 200 days or SMA-200 reads an average of $54.95. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.04% during that period while stretching the period over a month that increases to 2.32%. 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 74.17 which implies that the stock is in overbought territory.
Wells Fargo downgraded its recommendation for the stock as a “Equal Weight” from “Overweight” on October 02, 2024 while assigning a price target of $19.
Over the week, SITC’s stock price is moving -2.13% down while it is 47.88% when we observe its performance for the past one month. Year-to-date it is 59.68% up and over the past year, the stock is showing an upside performance of 83.50%.
Currently, SITE Centers Corp’s total number of outstanding shares is 52.26M. Company’s return on investment (ROI) stands at 11.53% and return on equity (ROE) at 21.06%. It has a price to earnings ratio (P/E ratio) of 1.99. Stock’s beta reads 1.65. Stock has a price to book (P/B) ratio of 0.41 while price to sale or P/S ratio amounts to 1.88. Its return on asset (ROA) is 11.33% on average.
