Rexford Industrial Realty Inc. (NYSE:REXR) went up by 1.77% from its latest closing price compared to the recent 1-year high of $63.55. The company’s stock price has collected 4.05% of gains in the last five trading sessions. Press Release reported on 10/07/21 that PS Business Parks, Inc. Names Adeel Khan as Chief Financial Officer
Is It Worth Investing in Rexford Industrial Realty Inc. (NYSE :REXR) Right Now?
Rexford Industrial Realty Inc. (NYSE:REXR) scored a price-to-earnings ratio above its average ratio, recording 91.40 x from its present earnings ratio. Plus, the 36-month beta value for REXR is at 0.63. Opinions of the stock are interesting as 3 analysts out of 7 who provided ratings for Rexford Industrial Realty Inc. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $69.21, which is $9.44 above the current price. Today, the average trading volume of REXR was 822.28K shares.
REXR’s Market Performance
REXR stocks went up by 4.05% for the week, with a monthly drop of -1.30% and a quarterly performance of 1.13%, while its annual performance rate touched 17.83%. The volatility ratio for the week stands at 1.71% while the volatility levels for the past 30 days are set at 1.71% for Rexford Industrial Realty Inc.. The simple moving average for the period of the last 20 days is 2.49% for REXR stocks with a simple moving average of 8.64% for the last 200 days.
Analysts’ Opinion of REXR
Many brokerage firms have already submitted their reports for REXR stocks, with CapitalOne repeating the rating for REXR by listing it as a “Overweight.” The predicted price for REXR in the upcoming period, according to CapitalOne is $66 based on the research report published on July 19th of the current year 2021.
Berenberg, on the other hand, stated in their research note that they expect to see REXR reach a price target of $56. The rating they have provided for REXR stocks is “Buy” according to the report published on October 28th, 2020.
Robert W. Baird gave a rating of “Outperform” to REXR, setting the target price at $50 in the report published on September 23rd of the previous year.
REXR Trading at -0.69% from the 50-Day Moving Average
After a stumble in the market that brought REXR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.79% of loss for the given period.
Volatility was left at 1.71%, however, over the last 30 days, the volatility rate increased by 1.71%, as shares sank -0.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.62% lower at present.
During the last 5 trading sessions, REXR rose by +4.05%, which changed the moving average for the period of 200-days by +22.63% in comparison to the 20-day moving average, which settled at $58.39. In addition, Rexford Industrial Realty Inc. saw 21.91% 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 REXR starting from Lanzer David E., who sale 14,000 shares at the price of $62.11 back on Aug 05. After this action, Lanzer David E. now owns 4 shares of Rexford Industrial Realty Inc., valued at $869,532 using the latest closing price.
Frankel Michael S., the Co-CEO, Co-President of Rexford Industrial Realty Inc., sale 13,975 shares at $55.08 during a trade that took place back on Apr 29, which means that Frankel Michael S. is holding 0 shares at $769,774 based on the most recent closing price.
Stock Fundamentals for REXR
Equity return is now at value 2.80, with 1.70 for asset returns.