The 36-month beta value for UMH is also noteworthy at 1.26. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 2 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for UMH is 68.12M, and at present, short sellers hold a 1.09% of that float. The average trading volume of UMH on August 14, 2024 was 449.90K shares.
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UMH) stock’s latest price update
UMH Properties Inc (NYSE: UMH)’s stock price has plunge by 1.09relation to previous closing price of 19.35. Nevertheless, the company has seen a 2.95% surge in its stock price over the last five trading sessions. zacks.com reported 2024-08-13 that Mistras Group (MG), UMH Properties (UMH) and OneSpan (OSPN) have been selected as the breakout stocks for today.
UMH’s Market Performance
UMH’s stock has risen by 2.95% in the past week, with a monthly rise of 10.82% and a quarterly rise of 22.79%. The volatility ratio for the week is 2.84% while the volatility levels for the last 30 days are 2.49% for UMH Properties Inc The simple moving average for the last 20 days is 7.93% for UMH stock, with a simple moving average of 25.58% for the last 200 days.
Analysts’ Opinion of UMH
Many brokerage firms have already submitted their reports for UMH stocks, with Alliance Global Partners repeating the rating for UMH by listing it as a “Buy.” The predicted price for UMH in the upcoming period, according to Alliance Global Partners is $21 based on the research report published on July 18, 2024 of the current year 2024.
Wedbush, on the other hand, stated in their research note that they expect to see UMH reach a price target of $17. The rating they have provided for UMH stocks is “Neutral” according to the report published on March 25th, 2024.
B. Riley Securities gave a rating of “Buy” to UMH, setting the target price at $18.50 in the report published on March 21st of the current year.
UMH Trading at 16.89% from the 50-Day Moving Average
After a stumble in the market that brought UMH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.25% of loss for the given period.
Volatility was left at 2.49%, however, over the last 30 days, the volatility rate increased by 2.84%, as shares surge +11.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +28.34% upper at present.
During the last 5 trading sessions, UMH rose by +2.74%, which changed the moving average for the period of 200-days by +41.45% in comparison to the 20-day moving average, which settled at $18.23. In addition, UMH Properties Inc saw 27.68% 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 UMH starting from LANDY MICHAEL P, who purchase 4,700 shares at the price of $15.45 back on Jun 18 ’24. After this action, LANDY MICHAEL P now owns 341,796 shares of UMH Properties Inc, valued at $72,615 using the latest closing price.
LANDY SAMUEL A, the President and CEO of UMH Properties Inc, sale 25,000 shares at $15.01 during a trade that took place back on May 28 ’24, which means that LANDY SAMUEL A is holding 1,149,565 shares at $375,312 based on the most recent closing price.
Stock Fundamentals for UMH
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.42 for the gross margin
The net margin for UMH Properties Inc stands at 0.06. The total capital return value is set at 0.0. Equity return is now at value 1.96, with 0.95 for asset returns.
Based on UMH Properties Inc (UMH), the company’s capital structure generated 0.48 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at 0.91. The interest coverage ratio of the stock is 0.32.
Currently, EBITDA for the company is 97.1 million with net debt to EBITDA at 5.67. When we switch over and look at the enterprise to sales, we see a ratio of 8.96. The receivables turnover for the company is 2.69for trailing twelve months and the total asset turnover is 0.16.
Conclusion
In summary, UMH Properties Inc (UMH) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
