Mack-Cali Realty Corporation (NYSE:CLI) went up by 0.90% from its latest closing price compared to the recent 1-year high of $18.52. The company’s stock price has collected 1.65% of gains in the last five trading sessions. Press Release reported on 05/10/21 that Mack-Cali Unveils Latest Phase of Harborside Campus Transformation Along Jersey City Waterfront
Is It Worth Investing in Mack-Cali Realty Corporation (NYSE :CLI) Right Now?
Plus, the 36-month beta value for CLI is at 1.02. Opinions of the stock are interesting as 1 analysts out of 7 who provided ratings for Mack-Cali Realty Corporation declared the stock was a “buy,” while 0 rated the stock as “overweight,” 4 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $17.21, which is -$0.15 below the current price. CLI currently public float of 76.65M and currently shorts hold a 4.77% ratio of that float. Today, the average trading volume of CLI was 613.38K shares.
CLI’s Market Performance
CLI stocks went up by 1.65% for the week, with a monthly jump of 6.04% and a quarterly performance of 11.94%, while its annual performance rate touched 9.41%. The volatility ratio for the week stands at 1.90% while the volatility levels for the past 30 days are set at 2.66% for Mack-Cali Realty Corporation. The simple moving average for the period of the last 20 days is 4.62% for CLI stocks with a simple moving average of 26.53% for the last 200 days.
Analysts’ Opinion of CLI
Many brokerage firms have already submitted their reports for CLI stocks, with Deutsche Bank repeating the rating for CLI by listing it as a “Hold.” The predicted price for CLI in the upcoming period, according to Deutsche Bank is $14 based on the research report published on August 04th of the previous year 2020.
Stifel gave a rating of “Hold” to CLI, setting the target price at $24 in the report published on January 07th of the previous year.
CLI Trading at 7.85% from the 50-Day Moving Average
After a stumble in the market that brought CLI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.35% of loss for the given period.
Volatility was left at 2.66%, however, over the last 30 days, the volatility rate increased by 1.90%, as shares surge +10.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.61% upper at present.
During the last 5 trading sessions, CLI rose by +1.65%, which changed the moving average for the period of 200-days by +37.06% in comparison to the 20-day moving average, which settled at $17.19. In addition, Mack-Cali Realty Corporation saw 43.66% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at CLI starting from KATZ A. AKIVA, who purchase 200,000 shares at the price of $16.46 back on Apr 28. After this action, KATZ A. AKIVA now owns 3,755,436 shares of Mack-Cali Realty Corporation, valued at $3,291,800 using the latest closing price.
KATZ A. AKIVA, the Director of Mack-Cali Realty Corporation, purchase 10,188 shares at $16.05 during a trade that took place back on Apr 19, which means that KATZ A. AKIVA is holding 3,555,436 shares at $163,511 based on the most recent closing price.
Stock Fundamentals for CLI
Current profitability levels for the company are sitting at:
- -7.96 for the present operating margin
- +15.98 for the gross margin
The net margin for Mack-Cali Realty Corporation stands at -40.46. The total capital return value is set at -0.50, while invested capital returns managed to touch -3.01. Equity return is now at value -1.10, with -0.30 for asset returns.
Based on Mack-Cali Realty Corporation (CLI), the company’s capital structure generated 201.98 points at debt to equity in total, while total debt to capital is 66.89. Total debt to assets is 54.89, with long-term debt to equity ratio resting at 193.37. Finally, the long-term debt to capital ratio is 64.03.
When we switch over and look at the enterprise to sales, we see a ratio of 14.70, with the company’s debt to enterprise value settled at 0.61. The receivables turnover for the company is 3.14 and the total asset turnover is 0.06.