Acadia Realty Trust (NYSE:AKR) currently has a daily average trading volume of 1.15M but it saw 920864 shares traded in last market. With a market cap of 2.48B USD, the company’s current market price of $19.79 came falling about -0.10 while comparing to the previous closing price of $19.81. In past 52 weeks, the stock remained buoying in the range of price level as high as $26.29 and as low as $16.14. In the recent trading on the day, stock has struck highest price mark of $19.69 while lowest mark touched by it was $20.295.
Taking a look at 20-day trading activity of Acadia Realty Trust (AKR) gives us an average price of $19.61, while its current price level is -24.72% below from 52-week high level whereas it is 22.65% 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 $21.37 while that of 200 days or SMA-200 reads an average of $22.63. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.89% during that period while stretching the period over a month that increases to 4.08%. 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 47.37 which implies that the stock is in neutral territory.
Compass Point upgraded its recommendation for the stock as a “Buy” from “Neutral” on October 10, 2024 while assigning a price target of $27. JP Morgan also issued its recommendations for the stock as it upgraded the price target for the stock is $18.
Over the week, AKR’s stock price is moving 3.88% up while it is -7.91% when we observe its performance for the past one month. Year-to-date it is -18.09% down and over the past year, the stock is showing an upside performance of 16.07%.
The company is expected to be releasing its next quarterly report on 2025-Feb-10, for which analysts forecasted an EPS of 0.05 while estimate for next year EPS is 0.33. In next quarter, company is expected to be making quarterly sales of $92.28M as analysts are expecting the sales for current fiscal year at $374.83M and seeing the company making $424.91M in sales next year. Moreover, analysts are in estimates of $90.66M for current-quarter revenue.
Currently, Acadia Realty Trust’s total number of outstanding shares is 119.66M with 0.51% of that held by the insiders while 116.50% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 0.63% and return on equity (ROE) at 1.11%. It has a price to earnings ratio (P/E ratio) of 107.38 while having a 50.86 of forward P/E ratio. Stock’s beta reads 1.39. Stock has a price to book (P/B) ratio of 1.15 while price to sale or P/S ratio amounts to 6.88. Its return on asset (ROA) is 0.47% on average.
