Empire State Realty Trust Inc (NYSE:ESRT) currently has a daily average trading volume of 1.16M but it saw 1274350 shares traded in last market. With a market cap of 1.59B USD, the company’s current market price of $9.53 came falling about -0.21 while comparing to the previous closing price of $9.55. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.62 and as low as $8.78. In the recent trading on the day, stock has struck highest price mark of $9.51 while lowest mark touched by it was $9.852.
Taking a look at 20-day trading activity of Empire State Realty Trust Inc (ESRT) gives us an average price of $10.10, while its current price level is -17.99% below from 52-week high level whereas it is 8.54% 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 $10.59 while that of 200 days or SMA-200 reads an average of $10.19. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.56% during that period while stretching the period over a month that increases to 2.84%. 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 30.25 which implies that the stock is in neutral territory.
Evercore ISI upgraded its recommendation for the stock as a “Outperform” from “In-line” on May 23, 2023 while assigning a price target range of $7-$8. Evercore ISI also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $8 and $7.
Over the week, ESRT’s stock price is moving -3.93% down while it is -14.61% when we observe its performance for the past one month. Year-to-date it is -7.66% down and over the past year, the stock is showing a downside performance of -7.02%.
Currently, Empire State Realty Trust Inc’s total number of outstanding shares is 165.51M. Company’s return on investment (ROI) stands at 1.28% and return on equity (ROE) at 4.95%. It has a price to earnings ratio (P/E ratio) of 34.96. Stock’s beta reads 1.43. Stock has a price to book (P/B) ratio of 1.56 while price to sale or P/S ratio amounts to 2.08. Its return on asset (ROA) is 1.15% on average.
