Vornado Realty Trust (NYSE:VNO) currently has a daily average trading volume of 2.15M but it saw 1620359 shares traded in last market. With a market cap of 8.05B USD, the company’s current market price of $42.27 came rising about 1.95 while comparing to the previous closing price of $41.46. In past 52 weeks, the stock remained buoying in the range of price level as high as $41.79 and as low as $18.36. In the recent trading on the day, stock has struck highest price mark of $41.07 while lowest mark touched by it was $42.635.
Taking a look at 20-day trading activity of Vornado Realty Trust (VNO) gives us an average price of $39.62, while its current price level is 1.15% below from 52-week high level whereas it is 130.23% 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 $36.24 while that of 200 days or SMA-200 reads an average of $28.95. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.53% during that period while stretching the period over a month that decreases to 2.46%. 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 79.83 which implies that the stock is in overbought territory.
Piper Sandler upgraded its recommendation for the stock as a “Neutral” from “Underweight” on August 08, 2024 while assigning a price target range of $22-$30. BMO Capital Markets also issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $29 and $40.
Over the week, VNO’s stock price is moving 6.99% up while it is 8.72% when we observe its performance for the past one month. Year-to-date it is 49.63% up and over the past year, the stock is showing an upside performance of 88.71%.
Currently, Vornado Realty Trust’s total number of outstanding shares is 190.39M. Company’s return on investment (ROI) stands at 0.12% and return on equity (ROE) at 1.41%. It has a price to earnings ratio (P/E ratio) of 474.41. Stock’s beta reads 1.64. Stock has a price to book (P/B) ratio of 1.81 while price to sale or P/S ratio amounts to 4.53. Its return on asset (ROA) is 0.49% on average.
