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Here’s How Your Trade Acadia Realty Trust (AKR) Aggressively Right Now

Acadia Realty Trust (NYSE:AKR) went down by -2.45% from its latest closing price compared to the recent 1-year high of $23.33. The company’s stock price has collected -2.63% of loss in the last five trading sessions.

Is It Worth Investing in Acadia Realty Trust (NYSE :AKR) Right Now?

Acadia Realty Trust (NYSE:AKR) scored a price-to-earnings ratio above its average ratio, recording 42.83 x from its present earnings ratio. Plus, the 36-month beta value for AKR is at 1.39. Opinions of the stock are interesting as 3 analysts out of 7 who provided ratings for Acadia Realty Trust declared the stock was a “buy,” while 0 rated the stock as “overweight,” 3 rated it as “hold,” and 1 as “sell.”

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The average price from analysts is $19.71, which is $3.51 above the current price. AKR currently public float of 94.21M and currently shorts hold a 3.26% ratio of that float. Today, the average trading volume of AKR was 878.73K shares.

AKR’s Market Performance

AKR stocks went down by -2.63% for the week, with a monthly jump of 1.81% and a quarterly performance of -21.31%, while its annual performance rate touched -22.58%. The volatility ratio for the week stands at 2.80% while the volatility levels for the past 30 days are set at 2.57% for Acadia Realty Trust. The simple moving average for the period of the last 20 days is -0.41% for AKR stocks with a simple moving average of -19.30% for the last 200 days.

Analysts’ Opinion of AKR

Many brokerage firms have already submitted their reports for AKR stocks, with Jefferies repeating the rating for AKR by listing it as a “Hold.” The predicted price for AKR in the upcoming period, according to Jefferies is $15 based on the research report published on June 30th of the current year 2022.

Truist, on the other hand, stated in their research note that they expect to see AKR reach a price target of $25, previously predicting the price at $20. The rating they have provided for AKR stocks is “Buy” according to the report published on June 24th, 2021.

AKR Trading at -4.43% from the 50-Day Moving Average

After a stumble in the market that brought AKR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -30.05% of loss for the given period.

Volatility was left at 2.57%, however, over the last 30 days, the volatility rate increased by 2.80%, as shares surge +3.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.33% lower at present.

During the last 5 trading sessions, AKR fell by -2.63%, which changed the moving average for the period of 200-days by -27.24% in comparison to the 20-day moving average, which settled at $16.42. In addition, Acadia Realty Trust saw -25.24% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at AKR starting from LUSCOMBE WENDY W, who sale 1,500 shares at the price of $21.18 back on Apr 18. After this action, LUSCOMBE WENDY W now owns 33,399 shares of Acadia Realty Trust, valued at $31,765 using the latest closing price.

LUSCOMBE WENDY W, the Director of Acadia Realty Trust, sale 1,000 shares at $21.62 during a trade that took place back on Mar 15, which means that LUSCOMBE WENDY W is holding 34,899 shares at $21,623 based on the most recent closing price.

Stock Fundamentals for AKR

Equity return is now at value 2.20, with 0.80 for asset returns.

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