Elme Communities (NYSE: ELME) is 3.08% higher on its value in year-to-date trading and has touched a low of $12.74 and a high of $18.49 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 ELME stock was last observed hovering at around $14.94 in the last trading session, with the day’s gains setting it 0.11%.
Currently trading at $15.05, the stock is -7.07% and -9.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.2 million and changing 0.74% at the moment leaves the stock -6.56% off its SMA200. ELME registered 3.58% gain for a year compared to 6-month gain of -2.78%. The firm has a 50-day simple moving average (SMA 50) of $16.6092 and a 200-day simple moving average (SMA200) of $16.10005.
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The stock witnessed a -6.87% loss in the last 1 month and extending the period to 3 months gives it a -15.83%, and is -5.35% 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 3.21% over the week and 2.17% over the month.
Elme Communities (ELME) has around 243 employees, a market worth around $1.32B and $239.52M in sales. Profit margin for the company is -5.63%. Distance from 52-week low is 18.13% and -18.60% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.75%).
with sales reaching $60.49M over the same period.The EPS is expected to grow by 76.27% this year, but quarterly earnings will post 5.85% year-over-year. Quarterly sales are estimated to grow 2.79% in year-over-year returns.
Elme Communities (ELME) Top Institutional Holders
346.0 institutions hold shares in Elme Communities (ELME), with institutional investors hold 92.62% of the company’s shares. The shares outstanding are 88.01M, and float is at 86.96M with Short Float at 2.75%. Institutions hold 91.35% of the Float.
Elme Communities (ELME) Insider Activity
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