Apollo Commercial Real Estate Finance Inc (NYSE:ARI) currently has a daily average trading volume of 1.18M but it saw 1894539 shares traded in last market. With a market cap of 1.26B USD, the company’s current market price of $9.11 came rising about 2.47 while comparing to the previous closing price of $8.89. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.74 and as low as $8.52. In the recent trading on the day, stock has struck highest price mark of $8.81 while lowest mark touched by it was $9.28.
Taking a look at 20-day trading activity of Apollo Commercial Real Estate Finance Inc (ARI) gives us an average price of $8.84, while its current price level is -28.49% below from 52-week high level whereas it is 6.92% 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 $9.33 while that of 200 days or SMA-200 reads an average of $10.25. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.46% during that period while stretching the period over a month that decreases to 2.20%. 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 54.65 which implies that the stock is in neutral territory.
BofA Securities downgraded its recommendation for the stock as a “Underperform” from “Neutral” on March 04, 2024 while assigning a price target of $10.50. UBS issued its recommendations for the stock as it initiated the price target for the stock is $10.50.
Over the week, ARI’s stock price is moving 2.13% up while it is 4.23% when we observe its performance for the past one month. Year-to-date it is -22.40% down and over the past year, the stock is showing a downside performance of -13.16%.
Currently, Apollo Commercial Real Estate Finance Inc’s total number of outstanding shares is 140.60M. Company’s return on investment (ROI) stands at -1.68% and return on equity (ROE) at -5.76%. It has a 10.80 of forward P/E ratio. Stock’s beta reads 1.81. Stock has a price to book (P/B) ratio of 0.67 while price to sale or P/S ratio amounts to 1.75. Its return on asset (ROA) is -1.29% on average.
