Five Point Holdings LLC (NYSE: FPH) Stock Increased 2.85% Last Week – That’s Proof That Its Volatility Isn’t Going Anywhere

Five Point Holdings LLC (NYSE:FPH) does about 347.73K shares in volume on a normal day but saw 710470 shares change hands in the recent trading day. The company now has a market cap of 658.60M USD. Its current market price is $6.14, marking a decrease of -0.97% compared to the previous close of $6.20. The 52 week high reached by this stock is $6.71 whilst the lowest price level in 52 weeks is $2.83.

Five Point Holdings LLC (FPH) has a 20-day trading average at $4.78 and the current price is -8.49% off the 52-week high compared with 116.96% distance from its 52-week low. The 50-day simple moving average of the closing price is $4.20 and its 200-day simple moving average is $3.56. If we look at the stock’s price movements over the week, volatility stands at 5.56%, which increases to 5.64% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 73.93 to suggest the stock is overbought.

The consensus objective for the share price is $12.00, suggesting that the stock has a potential upside of 48.83% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on June 19, 2018 when Citigroup downgraded the stock to “Neutral” and issued a price target of between $20 and $12.

The current price level is 28.59%, 46.14%, and 72.65% away from its SMA20, SMA50, and SMA200 respectively, with the FPH price moving below the 50-day SMA on current market day. Five Point Holdings LLC (FPH) stock is up 2.85% over the week and 63.30% over the past month. Its price is 62.43% year-to-date and 74.93% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

To reach the target analysts have set, the stock logically needs to grow 48.83 percent from here.

Outstanding shares total 69.37M with insiders holding 15.04% of the shares and institutional holders owning 54.89% of the company’s common stock. The company has a return on investment of 5.35% and return on equity of 9.56%. The price to earnings ratio (P/E ratio) amounts to 9.80. The beta has a value of 1.59. Price to book ratio is 0.57 and price to sales ratio is 2.77.