Acadia Realty Trust (NYSE:AKR) currently has a daily average trading volume of 1.14M but it saw 1330214 shares traded in last market. With a market cap of 2.39B USD, the company’s current market price of $19.10 came falling about -2.25 while comparing to the previous closing price of $19.54. 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 $18.65 while lowest mark touched by it was $19.28.
Taking a look at 20-day trading activity of Acadia Realty Trust (AKR) gives us an average price of $19.23, while its current price level is -27.35% below from 52-week high level whereas it is 18.38% 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 $20.92 while that of 200 days or SMA-200 reads an average of $22.65. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.28% during that period while stretching the period over a month that increases to 4.18%. 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 41.15 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 -3.49% down while it is -8.83% when we observe its performance for the past one month. Year-to-date it is -20.94% down and over the past year, the stock is showing an upside performance of 10.28%.
Currently, Acadia Realty Trust’s total number of outstanding shares is 130.96M with 0.51% of that held by the insiders while 116.47% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 0.52% and return on equity (ROE) at 1.11%. It has a price to earnings ratio (P/E ratio) of 103.64 while having a 49.09 of forward P/E ratio. Stock’s beta reads 1.41. Stock has a price to book (P/B) ratio of 1.09 while price to sale or P/S ratio amounts to 6.43. Its return on asset (ROA) is 0.47% on average.
