Equity Commonwealth (NYSE: EQC) is -5.08% lower on its value in year-to-date trading and has touched a low of $1.22 and a high of $1.88 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 EQC stock was last observed hovering at around $1.70 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $1.68, the stock is -4.16% and 7.62% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.36 million and changing -1.18% at the moment leaves the stock 20.86% off its SMA200. EQC registered 27.43% gain for a year compared to 6-month gain of 28.69%. The firm has a 50-day simple moving average (SMA 50) of $10.1866 and a 200-day simple moving average (SMA200) of $17.212.
The stock witnessed a -1.75% loss in the last 1 month and extending the period to 3 months gives it a 24.46%, and is 0.00% 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 3.34% over the week and 3.51% over the month.
Equity Commonwealth (EQC) has around 22 employees, a market worth around $180.32M and $58.43M in sales. Current P/E ratio is 4.36. Profit margin for the company is 71.75%. Distance from 52-week low is 37.45% and -10.88% from its 52-week high. The company has generated returns on investments over the last 12 months (1.74%).
.
Equity Commonwealth (EQC) Top Institutional Holders
348.0 institutions hold shares in Equity Commonwealth (EQC), with institutional investors hold 99.44% of the company’s shares. The shares outstanding are 107.33M, and float is at 101.09M with Short Float at 3.99%. Institutions hold 97.35% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 16.14 million shares valued at $313.19 million. The investor’s holdings represent 15.0572% of the EQC Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 11.14 million shares valued at $216.15 million to account for 10.3919 of the shares outstanding. The other top investors are SEGALL BRYANT & HAMILL, LLC which holds 3.79 million shares representing 3.5369% and valued at over $73.57 million, while BURGUNDY ASSET MANAGEMENT LTD. holds 3.4601 of the shares totaling 3.71 million with a market value of $71.97 million.
Equity Commonwealth (EQC) Insider Activity
The most recent transaction is an insider sale by Levy Andrew, the company’s SVP & Chief Accounting Officer. SEC filings show that Levy Andrew sold 2,409 shares of the company’s common stock on Mar 06 ’24 at a price of $18.71 per share for a total of $45072.0. Following the sale, the insider now owns 2305.0 shares.
