SITE Centers Corp (NYSE:SITC) currently has a daily average trading volume of 943.24K but it saw 539397 shares traded in last market. With a market cap of 636.68M USD, the company’s current market price of $12.14 came falling about -2.25 while comparing to the previous closing price of $12.42. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.15 and as low as $10.45.
Taking a look at 20-day trading activity of SITE Centers Corp (SITC) gives us an average price of $11.97, while its current price level is -33.11% below from 52-week high level whereas it is 16.12% 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 $12.26 while that of 200 days or SMA-200 reads an average of $18.04. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.38% during that period while stretching the period over a month that decreases to 2.24%. 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 50.59 which implies that the stock is in neutral 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 0.75% up while it is 5.47% when we observe its performance for the past one month. Year-to-date it is -20.60% down and over the past year, the stock is showing an upside performance of 12.80%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. Moreover, analysts are in estimates of $24.81M for current-quarter revenue.
Currently, SITE Centers Corp’s total number of outstanding shares is 52.20M with 5.50% of that held by the insiders while 112.42% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 65.53% and return on equity (ROE) at 42.15%. It has a price to earnings ratio (P/E ratio) of 1.18. Stock’s beta reads 1.30. Stock has a price to book (P/B) ratio of 1.22 while price to sale or P/S ratio amounts to 2.24. Its return on asset (ROA) is 23.11% on average.
