Elme Communities (NYSE: ELME) is -2.95% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ELME stock was last observed hovering at around $14.73 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $14.82, the stock is -0.27% and -6.86% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.56 million and changing 0.61% at the moment leaves the stock -8.54% off its SMA200. ELME registered 5.41% gain for a year compared to 6-month gain of -9.25%. The firm has a 50-day simple moving average (SMA 50) of $15.912 and a 200-day simple moving average (SMA200) of $16.2044.
The stock witnessed a -9.30% loss in the last 1 month and extending the period to 3 months gives it a -14.04%, and is 3.49% 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 2.00% over the week and 2.49% over the month.
Elme Communities (ELME) has around 243 employees, a market worth around $1.30B and $239.52M in sales. Profit margin for the company is -5.63%. Distance from 52-week low is 16.33% and -19.85% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.75%).
with sales reaching $60.5M 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 2.80% in year-over-year returns.
Elme Communities (ELME) Top Institutional Holders
342.0 institutions hold shares in Elme Communities (ELME), with institutional investors hold 92.46% of the company’s shares. The shares outstanding are 88.01M, and float is at 86.96M with Short Float at 2.85%. Institutions hold 91.19% of the Float.
Elme Communities (ELME) Insider Activity
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