Apartment Investment & Management Co (AIV): Uncovering A True Diamond In The Rough

Apartment Investment & Management Co (NYSE:AIV) currently has a daily average trading volume of 832.25K but it saw 708292 shares traded in last market. With a market cap of 1.19B USD, the company’s current market price of $8.37 came rising about 2.07 while comparing to the previous closing price of $8.20. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.48 and as low as $7.06. In the recent trading on the day, stock has struck highest price mark of $8.19 while lowest mark touched by it was $8.27.

Taking a look at 20-day trading activity of Apartment Investment & Management Co (AIV) gives us an average price of $8.61, while its current price level is -11.76% below from 52-week high level whereas it is 18.56% 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 $8.63 while that of 200 days or SMA-200 reads an average of $8.48. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.73% during that period while stretching the period over a month that decreases to 2.37%. 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 39.38 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 -3.73% down while it is -6.45% when we observe its performance for the past one month. Year-to-date it is 5.62% up and over the past year, the stock is showing an upside performance of 5.48%.

Currently, Apartment Investment & Management Co’s total number of outstanding shares is 136.91M. Company’s return on investment (ROI) stands at -15.16% and return on equity (ROE) at -66.11%. Stock’s beta reads 1.42. Stock has a price to book (P/B) ratio of 4.99 while price to sale or P/S ratio amounts to 5.85. Its return on asset (ROA) is -11.31% on average.