American Assets Trust Inc (NYSE:AAT) shares, rose in value on Friday, May 30, with the stock price down by -1.04% to the previous day’s close as strong demand from buyers drove the stock to $19.94.
Actively observing the price movement in the last trading, the stock closed the session at $20.15. The PE ratio was 15.05 over 12-month period. Referring to stock’s 52-week performance, its high was $29.15, and the low was $16.69. On the whole, AAT has fluctuated by 6.46% over the past month.
With the market capitalization of American Assets Trust Inc currently standing at about $1.22 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.34, with its dividend yield at 6.75%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AAT’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% 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 AAT currently trading nearly 2.25% and 3.23% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 56.32, while the 7-day volatility ratio is showing 2.13% which for the 30-day chart, stands at 1.47%. Furthermore, American Assets Trust Inc (AAT)’s beta value is 1.19, and its average true range (ATR) is 0.48.
A comparison of American Assets Trust Inc (AAT) with its peers suggests the former has fared considerably weaker in the market. AAT showed an intraday change of -1.04% in last session, and over the past year, it shrunk by -4.64%%.
Data on historical trading for American Assets Trust Inc (NYSE:AAT) indicates that the trading volumes over the past 3 months, they’ve averaged 443.12K. According to company’s latest data on outstanding shares, there are 61.13 million shares outstanding.
Nearly 24.50% of American Assets Trust Inc’s shares belong to company insiders and institutional investors own 77.78% of the company’s shares. The stock has fallen by -24.07% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AAT stock heading into the next quarter.
