SITE Centers Corp (NYSE:SITC) currently has a daily average trading volume of 1.06M but it saw 1032426 shares traded in last market. With a market cap of 771.77M USD, the company’s current market price of $14.72 came rising about 0.07 while comparing to the previous closing price of $14.71. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.15 and as low as $10.23.
Taking a look at 20-day trading activity of SITE Centers Corp (SITC) gives us an average price of $15.03, while its current price level is -18.90% below from 52-week high level whereas it is 43.90% 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 $15.15 while that of 200 days or SMA-200 reads an average of $22.84. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.27% during that period while stretching the period over a month that increases to 2.46%. 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 43.27 which implies that the stock is in neutral territory.
Wells Fargo downgraded its recommendation for the stock as a “Equal Weight” from “Overweight” on October 02, 2024 while assigning a price target of $19.
Over the week, SITC’s stock price is moving -1.54% down while it is -4.23% when we observe its performance for the past one month. Year-to-date it is -3.73% down and over the past year, the stock is showing an upside performance of 35.49%.
The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of -0.41 while estimate for next year EPS is 4.2. In next quarter, company is expected to be making quarterly sales of $81.61M as analysts are expecting the sales for current fiscal year at $367.77M and seeing the company making $327.62M in sales next year. Moreover, analysts are in estimates of $43.58M for current-quarter revenue.
Currently, SITE Centers Corp’s total number of outstanding shares is 52.36M with 6.00% of that held by the insiders while 113.40% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 24.11% and return on equity (ROE) at 31.17%. It has a price to earnings ratio (P/E ratio) of 1.07. Stock’s beta reads 1.61. Stock has a price to book (P/B) ratio of 0.31 while price to sale or P/S ratio amounts to 1.70. Its return on asset (ROA) is 20.48% on average.
