Armada Hoffler Properties Inc (NYSE:AHH) shares, rose in value on Friday, May 09, with the stock price up by 1.17% to the previous day’s close as strong demand from buyers drove the stock to $6.89.
Actively observing the price movement in the last trading, the stock closed the session at $6.81. The PE ratio was 120.88 over 12-month period. Referring to stock’s 52-week performance, its high was $12.17, and the low was $6.10. On the whole, AHH has fluctuated by 1.92% over the past month.
With the market capitalization of Armada Hoffler Properties Inc currently standing at about $699.72 million, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.76, with its dividend yield at 10.96%.
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 50% 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 0.99% and -7.20% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.67, while the 7-day volatility ratio is showing 2.86% which for the 30-day chart, stands at 3.11%. Furthermore, Armada Hoffler Properties Inc (AHH)’s beta value is 1.15, and its average true range (ATR) is 0.23.
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 1.17% in last session, and over the past year, it shrunk by -35.12%%.
Data on historical trading for Armada Hoffler Properties Inc (NYSE:AHH) indicates that the trading volumes over the past 3 months, they’ve averaged 1.10 million. According to company’s latest data on outstanding shares, there are 101.56 million shares outstanding.
Nearly 22.43% of Armada Hoffler Properties Inc’s shares belong to company insiders and institutional investors own 70.42% of the company’s shares. The stock has fallen by -32.65% 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.
