Equity Commonwealth (NYSE: EQC) is -3.13% lower on its value in year-to-date trading and has touched a low of $17.93 and a high of $21.56 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EQC stock was last observed hovering at around $18.47 in the last trading session, with the day’s gains setting it 0.13%.
Currently trading at $18.60, the stock is -0.76% and -2.69% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.88 million and changing 0.70% at the moment leaves the stock -4.20% off its SMA200. EQC registered -13.29% loss for a year compared to 6-month gain of -1.74%. The firm has a 50-day simple moving average (SMA 50) of -$0.85 and a 200-day simple moving average (SMA200) of $13.10.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -3.93% loss in the last 1 month and extending the period to 3 months gives it a -1.22%, and is 0.27% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.68% over the week and 1.54% over the month.
Equity Commonwealth (EQC) has around 22 employees, a market worth around $1.99B and $60.52M in sales. Current P/E ratio is 24.60. Profit margin for the company is 137.43%. Distance from 52-week low is 3.74% and -13.73% from its 52-week high. The company has generated returns on investments over the last 12 months (3.49%).
Equity Commonwealth quarterly earnings per share for the current quarter are estimated at $0 with sales reaching $33.13M over the same period., but quarterly earnings will post -45.30% year-over-year. Quarterly sales are estimated to shrink -45.30% in year-over-year returns.
368 institutions hold shares in Equity Commonwealth (EQC), with institutional investors hold 100.46% of the company’s shares. The shares outstanding are 106.85M, and float is at 103.97M with Short Float at 1.76%. Institutions hold 97.69% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 16.62 million shares valued at $336.73 million. The investor’s holdings represent 15.15% of the EQC Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 8.35 million shares valued at $169.24 million to account for 7.61% of the shares outstanding. The other top investors are Ariel Investments, LLC which holds 6.97 million shares representing 6.35% and valued at over $141.12 million, while Segall Bryant & Hamill, Llc holds 4.25% of the shares totaling 4.66 million with a market value of $94.47 million.
Equity Commonwealth (EQC) Insider Activity
A total of 0 insider transactions have happened at Equity Commonwealth (EQC) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Shifrin Orrin S, the company’s EVP, Gen. Counsel & Secretary. SEC filings show that Shifrin Orrin S sold 50,000 shares of the company’s common stock on Aug 10 at a price of $19.26 per share for a total of $0.96 million. Following the sale, the insider now owns 0.16 million shares.
Equity Commonwealth (EQC): Who are the competitors?
One of the company’s main competitors (and peers) include RE/MAX Holdings Inc. Cl A (RMAX) that is trading -56.08% down over the past 12 months.
