City Office REIT Inc (NYSE:CIO) currently has a daily average trading volume of 265.45K but it saw 214787 shares traded in last market. With a market cap of 216.03M USD, the company’s current market price of $5.38 came falling about -0.92 while comparing to the previous closing price of $5.43. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.50 and as low as $4.02. In the recent trading on the day, stock has struck highest price mark of $5.29 while lowest mark touched by it was $5.41.
Taking a look at 20-day trading activity of City Office REIT Inc (CIO) gives us an average price of $5.52, while its current price level is -17.23% below from 52-week high level whereas it is 33.83% 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 $5.40 while that of 200 days or SMA-200 reads an average of $5.32. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.54% during that period while stretching the period over a month that increases to 3.34%. 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 45.53 which implies that the stock is in neutral territory.
RBC Capital Mkts downgraded its recommendation for the stock as a “Sector Perform” from “Outperform” on November 19, 2021 while assigning a price target of $19.
Over the week, CIO’s stock price is moving -2.54% down while it is -5.45% when we observe its performance for the past one month. Year-to-date it is -2.54% down and over the past year, the stock is showing a downside performance of -15.54%.
Currently, City Office REIT Inc’s total number of outstanding shares is 40.15M. Company’s return on investment (ROI) stands at -1.21% and return on equity (ROE) at -1.26%. Stock’s beta reads 1.98. Stock has a price to book (P/B) ratio of 0.34 while price to sale or P/S ratio amounts to 1.24. Its return on asset (ROA) is -0.64% on average.
