Look Past The Setbacks And Give Apartment Investment & Management Co (NYSE: AIV) Another Chance

money audit

Apartment Investment & Management Co (NYSE:AIV) currently has a daily average trading volume of 954.44K but it saw 1202164 shares traded in last market. With a market cap of 1.12B USD, the company’s current market price of $7.91 came rising about 1.28 while comparing to the previous closing price of $7.81. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.29 and as low as $6.89. In the recent trading on the day, stock has struck highest price mark of $7.705 while lowest mark touched by it was $7.97.

Taking a look at 20-day trading activity of Apartment Investment & Management Co (AIV) gives us an average price of $7.79, while its current price level is -14.85% below from 52-week high level whereas it is 14.80% 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 $8.41 while that of 200 days or SMA-200 reads an average of $8.72. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.95% during that period while stretching the period over a month that increases to 3.80%. 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 47.03 which implies that the stock is in neutral territory.

Scotiabank upgraded its recommendation for the stock as a “Sector Perform” from “Sector Underperform” on December 04, 2020 while assigning a price target of $41. Citigroup issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $40 and $33.

Over the week, AIV’s stock price is moving 1.80% up while it is -10.11% when we observe its performance for the past one month. Year-to-date it is -6.77% down and over the past year, the stock is showing an upside performance of 5.28%.

The company is expected to be releasing its next quarterly report on 2025-Feb-23, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Apartment Investment & Management Co’s total number of outstanding shares is 136.35M with 8.16% of that held by the insiders while 89.38% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -8.94% and return on equity (ROE) at -44.01%. Stock’s beta reads 1.41. Stock has a price to book (P/B) ratio of 8.77 while price to sale or P/S ratio amounts to 5.37. Its return on asset (ROA) is -5.14% on average.