Apartment Investment & Management Co (NYSE:AIV) currently has a daily average trading volume of 902.69K but it saw 924279 shares traded in last market. With a market cap of 1.20B USD, the company’s current market price of $8.44 came falling about -1.52 while comparing to the previous closing price of $8.57. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.48 and as low as $5.70. In the recent trading on the day, stock has struck highest price mark of $8.44 while lowest mark touched by it was $8.56.
Taking a look at 20-day trading activity of Apartment Investment & Management Co (AIV) gives us an average price of $8.63, while its current price level is -11.02% below from 52-week high level whereas it is 48.07% 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 $8.90 while that of 200 days or SMA-200 reads an average of $8.28. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.49% during that period while stretching the period over a month that increases to 1.65%. 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 35.69 which implies that the stock is in neutral territory.
Scotiabank upgraded its recommendation for the stock as a “Sector Perform” from “Sector Underperform” on December 04, 2020 while assigning a price target of $41. Citigroup issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $40 and $33.
Over the week, AIV’s stock price is moving -1.97% down while it is -6.01% when we observe its performance for the past one month. Year-to-date it is 7.79% up and over the past year, the stock is showing an upside performance of 44.03%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.02 beat the consensus estimate of -0.05 for the same. The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of -0.11 while estimate for next year EPS is -0.73. In next quarter, company is expected to be making quarterly sales of $53.1M as analysts are expecting the sales for current fiscal year at $207.4M and seeing the company making $221M in sales next year. Moreover, analysts are in estimates of $52.6M for current-quarter revenue.
Currently, Apartment Investment & Management Co’s total number of outstanding shares is 140.58M. Company’s return on investment (ROI) stands at -14.09% and return on equity (ROE) at -57.87%. Stock’s beta reads 1.40. Stock has a price to book (P/B) ratio of 4.57 while price to sale or P/S ratio amounts to 6.02. Its return on asset (ROA) is -10.51% on average.
