UDR Inc. (NYSE: UDR)’s stock price has decreased by -0.20 compared to its previous closing price of 40.64. however, the company has experienced a -3.64% decrease in its stock price over the last five trading days.
Is It Worth Investing in UDR Inc. (NYSE: UDR) Right Now?
UDR Inc. (NYSE: UDR) has a higher price-to-earnings ratio of 159.69x compared to its average ratio. compared to its average ratio and a 36-month beta value of 0.76. Analysts have mixed views on the stock, with 9 analysts rating it as a “buy,” 2 as “overweight,” 11 as “hold,” and 0 as “sell.”
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The average price point forecasted by analysts for UDR Inc. (UDR) is $46.80, which is $6.39 above the current market price. The public float for UDR is 323.63M, and currently, short sellers hold a 2.08% ratio of that float. The average trading volume of UDR on March 16, 2023 was 2.50M shares.
UDR’s Market Performance
UDR stock saw a decrease of -3.64% in the past week, with a monthly decline of -8.77% and a quarterly a decrease of 0.65%. The volatility ratio for the week is 3.29%, and the volatility levels for the last 30 days are 2.54% for UDR Inc. (UDR). The simple moving average for the last 20 days is -5.31% for UDR stock, with a simple moving average of -5.39% for the last 200 days.
Analysts’ Opinion of UDR
Many brokerage firms have already submitted their reports for UDR stocks, with UBS repeating the rating for UDR by listing it as a “Neutral.” The predicted price for UDR in the upcoming period, according to UBS is $43 based on the research report published on December 15th of the previous year 2022.
Morgan Stanley, on the other hand, stated in their research note that they expect to see UDR reach a price target of $47, previously predicting the price at $49. The rating they have provided for UDR stocks is “Overweight” according to the report published on December 02nd, 2022.
Jefferies gave a rating of “Buy” to UDR, setting the target price at $46 in the report published on October 19th of the previous year.
UDR Trading at -2.97% from the 50-Day Moving Average
After a stumble in the market that brought UDR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -32.41% of loss for the given period.
Volatility was left at 2.54%, however, over the last 30 days, the volatility rate increased by 3.29%, as shares sank -9.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.73% upper at present.
During the last 5 trading sessions, UDR fell by -3.64%, which changed the moving average for the period of 200-days by -14.77% in comparison to the 20-day moving average, which settled at $42.63. In addition, UDR Inc. saw 4.73% 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 UDR starting from TOOMEY THOMAS W, who sale 20,000 shares at the price of $40.44 back on Nov 23. After this action, TOOMEY THOMAS W now owns 984,716 shares of UDR Inc., valued at $808,784 using the latest closing price.
Stock Fundamentals for UDR
Current profitability levels for the company are sitting at:
- +15.49 for the present operating margin
- +19.72 for the gross margin
The net margin for UDR Inc. stands at +5.73. Equity return is now at value 2.20, with 0.80 for asset returns.
Conclusion
To put it simply, UDR Inc. (UDR) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
