Retail Opportunity Investments Corp (NASDAQ: ROIC) is -11.62% lower on its value in year-to-date trading and has touched a low of $10.98 and a high of $15.16 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 ROIC stock was last observed hovering at around $12.28 in the last trading session, with the day’s gains setting it 0.12%.
Currently trading at $12.40, the stock is 0.06% and -2.50% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.33 million and changing 0.98% at the moment leaves the stock -5.72% off its SMA200. ROIC registered -5.63% loss for a year compared to 6-month gain of 4.38%.
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 -3.50% loss in the last 1 month and extending the period to 3 months gives it a -12.12%, and is 0.65% 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 2.87% over the week and 2.46% over the month.
Retail Opportunity Investments Corp (ROIC) has around 71 employees, a market worth around $1.57B and $327.73M in sales. Current P/E ratio is 45.57 and Fwd P/E is 40.68. Profit margin for the company is 10.40%. Distance from 52-week low is 12.88% and -18.23% from its 52-week high. The company has generated returns on investments over the last 12 months (1.21%).
The EPS is expected to shrink by -0.22% this year.
Retail Opportunity Investments Corp (ROIC) Top Institutional Holders
The shares outstanding are 126.90M, and float is at 122.84M with Short Float at 2.62%.
Retail Opportunity Investments Corp (ROIC) Insider Activity
The most recent transaction is an insider purchase by Indiveri Michael J.,the company’sDirector. SEC filings show that Indiveri Michael J. bought 1,500 shares of the company’s common stock on Oct 30 ’23 at a price of $11.16 per share for a total of $16740.0. Following the purchase, the insider now owns 9900.0 shares.
Retail Opportunity Investments Corp disclosed in a document filed with the SEC on Aug 31 ’23 that POMERANTZ LAURA H (Director) sold a total of 4,000 shares of the company’s common stock. The trade occurred on Aug 31 ’23 and was made at $13.46 per share for $53820.0. Following the transaction, the insider now directly holds 51557.0 shares of the ROIC stock.
