Tricon Residential Inc (NYSE: TCN) is 20.99% higher on its value in year-to-date trading and has touched a low of $6.53 and a high of $11.19 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TCN stock was last observed hovering at around $11.04 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $11.01, the stock is -1.21% and -0.91% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 16.56 million and changing -0.27% at the moment leaves the stock 21.36% off its SMA200. TCN registered 37.28% gain for a year compared to 6-month gain of 53.56%.
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The stock witnessed a -1.08% loss in the last 1 month and extending the period to 3 months gives it a 20.20%, and is -1.34% down 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 4.24% over the week and 1.28% over the month.
Tricon Residential Inc (TCN) has around 1026 employees, a market worth around $3.01B and $857.07M in sales. Current P/E ratio is 30.49 and Fwd P/E is 16.07. Profit margin for the company is 13.32%. Distance from 52-week low is 68.74% and -1.65% from its 52-week high. The company has generated returns on investments over the last 12 months (1.15%).
The EPS is expected to grow by 45.12% this year.
Tricon Residential Inc (TCN) Top Institutional Holders
The shares outstanding are 272.64M, and float is at 239.29M with Short Float at 1.18%.
