Apollo Commercial Real Estate Finance Inc (NYSE:ARI) currently has a daily average trading volume of 1.09M but it saw 1061199 shares traded in last market. With a market cap of 1.26B USD, the company’s current market price of $9.15 came falling about -0.11 while comparing to the previous closing price of $9.16. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.64 and as low as $8.44. In the recent trading on the day, stock has struck highest price mark of $9.06 while lowest mark touched by it was $9.19.
Taking a look at 20-day trading activity of Apollo Commercial Real Estate Finance Inc (ARI) gives us an average price of $8.91, while its current price level is -21.39% below from 52-week high level whereas it is 8.41% 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 $9.00 while that of 200 days or SMA-200 reads an average of $9.65. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.14% during that period while stretching the period over a month that decreases to 2.03%. 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 58.26 which implies that the stock is in neutral territory.
BofA Securities downgraded its recommendation for the stock as a “Underperform” from “Neutral” on March 04, 2024 while assigning a price target of $10.50. UBS issued its recommendations for the stock as it initiated the price target for the stock is $10.50.
Over the week, ARI’s stock price is moving 3.04% up while it is 3.16% when we observe its performance for the past one month. Year-to-date it is 5.66% up and over the past year, the stock is showing a downside performance of -16.82%.
Currently, Apollo Commercial Real Estate Finance Inc’s total number of outstanding shares is 138.17M. Company’s return on investment (ROI) stands at -1.68% and return on equity (ROE) at -5.76%. It has a 10.60 of forward P/E ratio. Stock’s beta reads 1.84. Stock has a price to book (P/B) ratio of 0.68 while price to sale or P/S ratio amounts to 1.75. Its return on asset (ROA) is -1.29% on average.
