Armada Hoffler Properties Inc (NYSE:AHH) shares, rose in value on Friday, March 07, with the stock price up by 2.37% to the previous day’s close as strong demand from buyers drove the stock to $9.06.
Actively observing the price movement in the last trading, the stock closed the session at $8.85. The PE ratio was 35.63 over 12-month period. Referring to stock’s 52-week performance, its high was $12.17, and the low was $8.69. On the whole, AHH has fluctuated by -6.02% over the past month.
With the market capitalization of Armada Hoffler Properties Inc currently standing at about $917.96 million, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 0.30, with its dividend yield at 3.26%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 254.16M, with a low estimate of 63.03M and a high estimate of 63.33M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 63.18M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AHH’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 AHH currently trading nearly -1.72% and -5.61% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.70, while the 7-day volatility ratio is showing 2.37% which for the 30-day chart, stands at 2.25%. Furthermore, Armada Hoffler Properties Inc (AHH)’s beta value is 0.85, and its average true range (ATR) is 0.22.
A comparison of Armada Hoffler Properties Inc (AHH) with its peers suggests the former has fared considerably weaker in the market. AHH showed an intraday change of 2.37% in last session, and over the past year, it shrunk by -8.09%%.
Data on historical trading for Armada Hoffler Properties Inc (NYSE:AHH) indicates that the trading volumes over the past 3 months, they’ve averaged 827.76K. According to company’s latest data on outstanding shares, there are 79.70 million shares outstanding.
Nearly 22.61% of Armada Hoffler Properties Inc’s shares belong to company insiders and institutional investors own 70.96% of the company’s shares. The stock has fallen by -11.44% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AHH stock heading into the next quarter.
