SITE Centers Corp (NYSE:SITC) currently has a daily average trading volume of 1.06M but it saw 1669478 shares traded in last market. With a market cap of 723.53M USD, the company’s current market price of $13.80 came falling about -5.09 while comparing to the previous closing price of $14.54. 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 $14.81, while its current price level is -23.97% below from 52-week high level whereas it is 34.91% 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 $15.05 while that of 200 days or SMA-200 reads an average of $22.50. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.55% during that period while stretching the period over a month that decreases to 2.73%. 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 28.39 which implies that the stock is in oversold 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 -6.25% down while it is -9.92% when we observe its performance for the past one month. Year-to-date it is -9.74% down and over the past year, the stock is showing an upside performance of 31.28%.
The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of -0.49 while estimate for next year EPS is -1.96. In next quarter, company is expected to be making quarterly sales of $80.93M as analysts are expecting the sales for current fiscal year at $327.62M and seeing the company making $210.3M in sales next year. Moreover, analysts are in estimates of $81.61M 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 1.01. Stock’s beta reads 1.61. Stock has a price to book (P/B) ratio of 0.29 while price to sale or P/S ratio amounts to 1.60. Its return on asset (ROA) is 20.48% on average.
