Equity Commonwealth (NYSE:EQC) went up by 0.54% from its latest closing price compared to the recent 1-year high of $30.17. The company’s stock price has collected 1.44% of gains in the last five trading sessions. The Wall Street Journal reported on 06/01/21 that No Grave Dancing for Sam Zell Now. He’s Paying Up for Hot Properties.
Is It Worth Investing in Equity Commonwealth (NYSE :EQC) Right Now?
Equity Commonwealth (NYSE:EQC) scored a price-to-earnings ratio above its average ratio, recording 414.26 x from its present earnings ratio. Plus, the 36-month beta value for EQC is at 0.19. Opinions of the stock are interesting as 0 analysts out of 2 who provided ratings for Equity Commonwealth declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $29.25, which is $1.08 above the current price. EQC currently public float of 119.10M and currently shorts hold a 2.91% ratio of that float. Today, the average trading volume of EQC was 1.11M shares.
EQC’s Market Performance
EQC stocks went up by 1.44% for the week, with a monthly jump of 5.47% and a quarterly performance of -1.16%, while its annual performance rate touched -5.37%. The volatility ratio for the week stands at 0.89% while the volatility levels for the past 30 days are set at 1.19% for Equity Commonwealth. The simple moving average for the period of the last 20 days is 2.24% for EQC stocks with a simple moving average of 2.42% for the last 200 days.
Analysts’ Opinion of EQC
Many brokerage firms have already submitted their reports for EQC stocks, with BofA Securities repeating the rating for EQC by listing it as a “Neutral.” The predicted price for EQC in the upcoming period, according to BofA Securities is $29 based on the research report published on May 07th of the current year 2021.
Stifel gave a rating of “Hold” to EQC, setting the target price at $34 in the report published on August 01st of the previous year.
EQC Trading at 0.68% from the 50-Day Moving Average
After a stumble in the market that brought EQC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.62% of loss for the given period.
Volatility was left at 1.19%, however, over the last 30 days, the volatility rate increased by 0.89%, as shares surge +5.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.74% lower at present.
During the last 5 trading sessions, EQC rose by +1.44%, which changed the moving average for the period of 200-days by -7.82% in comparison to the 20-day moving average, which settled at $27.63. In addition, Equity Commonwealth saw 3.26% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for EQC
Current profitability levels for the company are sitting at:
- -22.85 for the present operating margin
- +26.14 for the gross margin
The net margin for Equity Commonwealth stands at +680.91. The total capital return value is set at -0.46, while invested capital returns managed to touch 13.87. Equity return is now at value 0.30, with 0.20 for asset returns.
The receivables turnover for the company is 3.87 and the total asset turnover is 0.02.