Apollo Commercial Real Estate Finance Inc (NYSE:ARI) shares, rose in value on Friday, January 03, with the stock price up by 1.93% to the previous day’s close as strong demand from buyers drove the stock to $8.97.
Actively observing the price movement in the last trading, the stock closed the session at $8.80, falling within a range of $8.8354 and $8.99. The value of beta (5-year monthly) was 1.803. Referring to stock’s 52-week performance, its high was $12.00, and the low was $8.52. On the whole, ARI has fluctuated by -1.75% over the past month.
With the market capitalization of Apollo Commercial Real Estate Finance Inc currently standing at about $1.24 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 1.20, with its dividend yield at 13.38%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ARI’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of ARI currently trading nearly -0.46% and -0.86% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.85, while the 7-day volatility ratio is showing 2.19% which for the 30-day chart, stands at 2.25%. Furthermore, Apollo Commercial Real Estate Finance Inc (ARI)’s beta value is 1.80, and its average true range (ATR) is 0.21.
A comparison of Apollo Commercial Real Estate Finance Inc (ARI) with its peers suggests the former has fared considerably weaker in the market. ARI showed an intraday change of 1.93% in last session, and over the past year, it shrunk by -21.38%%.
Data on historical trading for Apollo Commercial Real Estate Finance Inc (NYSE:ARI) indicates that the trading volumes over the past 10 days have averaged 1.71 and over the past 3 months, they’ve averaged 1.28 million. According to company’s latest data on outstanding shares, there are 138.17 million shares outstanding.
Nearly 1.13% of Apollo Commercial Real Estate Finance Inc’s shares belong to company insiders and institutional investors own 64.66% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.21 million shares as on 2024-12-13, resulting in a short ratio of 3.19. According to the data, the short interest in Apollo Commercial Real Estate Finance Inc (ARI) stood at 326.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 3.54 million. The stock has risen by 3.58% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ARI stock heading into the next quarter.
