Acadia Realty Trust (NYSE: AKR) is 25.07% higher on its value in year-to-date trading and has touched a low of $13.24 and a high of $22.51 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 AKR stock was last observed hovering at around $21.32 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $21.25, the stock is 1.98% and 11.59% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.75 million and changing -0.33% at the moment leaves the stock 24.23% off its SMA200. AKR registered 37.32% gain for a year compared to 6-month gain of 26.64%.
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The stock witnessed a 6.89% loss in the last 1 month and extending the period to 3 months gives it a 22.76%, and is 0.28% 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 1.48% over the week and 2.42% over the month.
Acadia Realty Trust (AKR) has around 117 employees, a market worth around $2.24B and $360.52M in sales. Current P/E ratio is 3427.42 and Fwd P/E is 66.86. Profit margin for the company is 0.24%. Distance from 52-week low is 60.50% and -5.60% from its 52-week high. The company has generated returns on investments over the last 12 months (0.03%).
The EPS is expected to grow by 42.70% this year
The shares outstanding are 105.33M, and float is at 104.58M with Short Float at 2.97%.
Acadia Realty Trust (AKR) Insider Activity
The most recent transaction is an insider sale by Gottfried John J., the company’s Executive VP and CFO. SEC filings show that Gottfried John J. sold 12,500 shares of the company’s common stock on May 03 ’24 at a price of $16.89 per share for a total of $0.21 million. Following the sale, the insider now owns 7600.0 shares.
Acadia Realty Trust disclosed in a document filed with the SEC on May 03 ’24 that Hartmann Richard (Sr. VP) sold a total of 25,000 shares of the company’s common stock. The trade occurred on May 03 ’24 and was made at $17.10 per share for $0.43 million. Following the transaction, the insider now directly holds 0.0 shares of the AKR stock.
Still, SEC filings show that on Mar 15 ’24, ZOBA C DAVID (Director) acquired 1,000 shares at an average price of $16.30 for $16300.0. The insider now directly holds 2,700 shares of Acadia Realty Trust (AKR).
