City Office REIT Inc (NYSE:CIO) currently has a daily average trading volume of 178.46K but it saw 308371 shares traded in last market. With a market cap of 196.14M USD, the company’s current market price of $4.86 came rising about 4.29 while comparing to the previous closing price of $4.66. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.40 and as low as $4.19. In the recent trading on the day, stock has struck highest price mark of $4.65 while lowest mark touched by it was $4.8677.
Taking a look at 20-day trading activity of City Office REIT Inc (CIO) gives us an average price of $4.88, while its current price level is -24.02% below from 52-week high level whereas it is 15.99% 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 $4.99 while that of 200 days or SMA-200 reads an average of $5.39. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.89% during that period while stretching the period over a month that increases to 5.08%. 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 50.37 which implies that the stock is in neutral territory.
RBC Capital Mkts downgraded its recommendation for the stock as a “Sector Perform” from “Outperform” on November 19, 2021 while assigning a price target of $19.
Over the week, CIO’s stock price is moving 10.71% up while it is -3.95% when we observe its performance for the past one month. Year-to-date it is -11.96% down and over the past year, the stock is showing an upside performance of 15.10%.
The company is expected to be releasing its next quarterly report on 2025-Feb-19, for which analysts forecasted an EPS of -0.1 while estimate for next year EPS is -0.38. In next quarter, company is expected to be making quarterly sales of $42.58M as analysts are expecting the sales for current fiscal year at $171.55M and seeing the company making $177.43M in sales next year. Moreover, analysts are in estimates of $42.38M for current-quarter revenue.
Currently, City Office REIT Inc’s total number of outstanding shares is 40.15M. Company’s return on investment (ROI) stands at -2.31% and return on equity (ROE) at -2.35%. Stock’s beta reads 1.65. Stock has a price to book (P/B) ratio of 0.31 while price to sale or P/S ratio amounts to 1.15. Its return on asset (ROA) is -1.19% on average.
