The trading price of Equity Commonwealth (NYSE:EQC) floating higher at last check on current market day and closing at $1.65, 10.00% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it has been fluctuating between $1.465 and $1.675. The company’s P/E ratio in the trailing 12-month period was 4.29, while its 5Y monthly beta was 0.373. In examining the 52-week price action we see that the stock hit a 52-week high of $1.54 and a 52-week low of $1.22. Over the past month, the stock has gained 20.30% in value.
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Equity Commonwealth, whose market valuation is $177.10 million at the time of this writing, is expected to release its quarterly earnings report in January. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0 for current year and 0 for next year.
On the technical side, indicators suggest EQC has a 100% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Sell, while an average of long term indicators suggests that the stock is currently 50% Sell.
A quick review shows that EQC’s price is currently 18.44% off the SMA20 and 20.52% off the SMA50. The RSI metric on the 14-day chart is currently showing 93.40, and weekly volatility stands at 2.61%. When measured over the past 30 days, the indicator reaches 1.12%. Equity Commonwealth (NYSE:EQC)’s beta value is currently sitting at 0.27, while the Average True Range indicator is currently displaying 0.03.
To see how Equity Commonwealth stock has been performing today in comparison to its peers in the industry, here are the numbers: EQC stock’s performance was 10.00% at last check in today’s session, and 26.39% in the past year. Equity Commonwealth has a P/E ratio of 4.29.
An evaluation of the daily trading volume of Equity Commonwealth (NYSE:EQC) indicates that the 3-month average is 32.22 million. However, this figure has increased over the past 10 days to an average of 5.35.
Currently, records show that 107.33 million of the company’s shares remain outstanding. The insiders hold 5.81% of outstanding shares, whereas institutions hold 94.91%. The stats also highlight that short interest as of 2024-11-15, stood at 1.76 million shares, resulting in a short ratio of 0.67 at that time. From this, we can conclude that short interest is 226.00 of the company’s total outstanding shares. It is noteworthy that short shares in November were down slightly from the previous month’s figure, which was 1.77 million. However, since the stock’s price has seen 26.06% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
