Investors Are Waking Up To Broadstone Net Lease Inc (NYSE: BNL) After Rising 19.76% Over The Past 12 Months

Broadstone Net Lease Inc (NYSE:BNL) currently has a daily average trading volume of 1.00M but it saw 2163589 shares traded in last market. With a market cap of 3.34B USD, the company’s current market price of $17.70 came rising about 0.34 while comparing to the previous closing price of $17.64. In past 52 weeks, the stock remained buoying in the range of price level as high as $19.15 and as low as $14.20. In the recent trading on the day, stock has struck highest price mark of $17.55 while lowest mark touched by it was $18.22.

Taking a look at 20-day trading activity of Broadstone Net Lease Inc (BNL) gives us an average price of $18.10, while its current price level is -7.57% below from 52-week high level whereas it is 24.60% 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 $18.33 while that of 200 days or SMA-200 reads an average of $16.42. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.43% during that period while stretching the period over a month that decreases to 1.67%. 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 40.64 which implies that the stock is in neutral territory.

Over the week, BNL’s stock price is moving -2.26% down while it is -2.75% when we observe its performance for the past one month. Year-to-date it is 2.79% up and over the past year, the stock is showing an upside performance of 19.76%.

Currently, Broadstone Net Lease Inc’s total number of outstanding shares is 187.61M. Company’s return on investment (ROI) stands at 2.83% and return on equity (ROE) at 4.66%. It has a price to earnings ratio (P/E ratio) of 23.54 while having a 22.58 of forward P/E ratio. Stock’s beta reads 1.13. Stock has a price to book (P/B) ratio of 1.11 while price to sale or P/S ratio amounts to 7.66. Its return on asset (ROA) is 2.69% on average.