Phillips Edison & Company Inc (NASDAQ:PECO) shares, rose in value on Friday, November 01, with the stock price down by -0.03% to the previous day’s close as strong demand from buyers drove the stock to $37.80.
Actively observing the price movement in the last trading, the stock closed the session at $37.81, falling within a range of $37.685 and $38.45. The value of beta (5-year monthly) was 0.329 whereas the PE ratio was 81.59 over 12-month period. Referring to stock’s 52-week performance, its high was $39.08, and the low was $30.62. On the whole, PECO has fluctuated by 3.48% over the past month.
With the market capitalization of Phillips Edison & Company Inc currently standing at about $5.15 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-06. The company’s Forward Dividend Ratio is 1.18, with its dividend yield at 3.12%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PECO’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 5.75, with the price of PECO currently trading nearly 2.57% and 1.44% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 59.70, while the 7-day volatility ratio is showing 1.87% which for the 30-day chart, stands at 1.57%. Furthermore, Phillips Edison & Company Inc (PECO)’s beta value is 0.57, and its average true range (ATR) is 0.64.
A comparison of Phillips Edison & Company Inc (PECO) with its peers suggests the former has fared considerably weaker in the market. PECO showed an intraday change of -0.03% in last session, and over the past year, it grew by 9.53%%.
Data on historical trading for Phillips Edison & Company Inc (NASDAQ:PECO) indicates that the trading volumes over the past 10 days have averaged 0.66 and over the past 3 months, they’ve averaged 660.30K. According to company’s latest data on outstanding shares, there are 122.02 million shares outstanding.
Nearly 0.56% of Phillips Edison & Company Inc’s shares belong to company insiders and institutional investors own 79.91% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.17 million shares as on 2024-10-15, resulting in a short ratio of 4.57. According to the data, the short interest in Phillips Edison & Company Inc (PECO) stood at 387.00 of shares outstanding as of 2024-10-15; the number of short shares registered in 2024-09-13 reached 4.29 million. The stock has risen by 3.62% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PECO stock heading into the next quarter.
