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The Chart for The Macerich Company (MAC) Is Flashing Mixed Signals

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The Macerich Company (NYSE:MAC) went up by 0.39% from its latest closing price compared to the recent 1-year high of $25.99. The company’s stock price has collected -1.47% of loss in the last five trading sessions. Press Release reported on 01/05/22 that MACERICH SCHEDULES FOURTH QUARTER 2021 EARNINGS RELEASE AND CONFERENCE CALL

Is It Worth Investing in The Macerich Company (NYSE :MAC) Right Now?

Plus, the 36-month beta value for MAC is at 1.96.


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MAC currently public float of 204.51M and currently shorts hold a 12.93% ratio of that float. Today, the average trading volume of MAC was 2.81M shares.

MAC’s Market Performance

MAC stocks went down by -1.47% for the week, with a monthly jump of 4.92% and a quarterly performance of 2.66%, while its annual performance rate touched 41.53%. The volatility ratio for the week stands at 3.16% while the volatility levels for the past 30 days are set at 3.71% for The Macerich Company. The simple moving average for the period of the last 20 days is 4.16% for MAC stocks with a simple moving average of 7.27% for the last 200 days.

Analysts’ Opinion of MAC

Many brokerage firms have already submitted their reports for MAC stocks, with Piper Sandler repeating the rating for MAC by listing it as a “Neutral.” The predicted price for MAC in the upcoming period, according to Piper Sandler is $23 based on the research report published on November 04th of the previous year 2021.

Evercore ISI, on the other hand, stated in their research note that they expect to see MAC reach a price target of $18, previously predicting the price at $16. The rating they have provided for MAC stocks is “In-line” according to the report published on October 19th, 2021.

Jefferies gave a rating of “Hold” to MAC, setting the target price at $19 in the report published on July 15th of the previous year.

MAC Trading at -4.77% from the 50-Day Moving Average

After a stumble in the market that brought MAC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -30.24% of loss for the given period.

Volatility was left at 3.71%, however, over the last 30 days, the volatility rate increased by 3.16%, as shares surge +6.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.97% lower at present.

During the last 5 trading sessions, MAC fell by -1.47%, which changed the moving average for the period of 200-days by +53.64% in comparison to the 20-day moving average, which settled at $17.46. In addition, The Macerich Company saw 4.92% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at MAC starting from Zecchini Christopher J, who sale 3,000 shares at the price of $18.15 back on Sep 27. After this action, Zecchini Christopher J now owns 8,460 shares of The Macerich Company, valued at $54,459 using the latest closing price.

SOBOROFF STEVEN L, the Director of The Macerich Company, sale 20,000 shares at $17.72 during a trade that took place back on Sep 22, which means that SOBOROFF STEVEN L is holding 19,596 shares at $354,346 based on the most recent closing price.

Stock Fundamentals for MAC

Equity return is now at value -1.20, with -0.40 for asset returns.

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