The stock of Sachem Capital Corp (AMEX: SACH) has decreased by -8.46 when compared to last closing price of 1.95. Despite this, the company has experienced a -12.93% fall in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-14 that Sachem Capital Corp. (NYSE:SACH ) Q3 2024 Earnings Conference Call November 14, 2024 8:00 AM ET Company Participants Stephen Swett – Investor Relations John Villano – Chairman, Chief Executive Officer and President Nick Marcello – Chief Financial Officer Conference Call Participants Gaurav Mehta – Alliance Global Partners Matthew Erdner – JonesTrading Jonathan Jenkins – Oppenheimer Chris Muller – Citizens JMP Christopher Nolan – Ladenburg Thalmann Operator Greetings and welcome to Sachem Capital Corp. Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Is It Worth Investing in Sachem Capital Corp (AMEX: SACH) Right Now?
The price-to-earnings ratio for Sachem Capital Corp (AMEX: SACH) is above average at 28.65x. The 36-month beta value for SACH is also noteworthy at 1.69. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 2 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
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The public float for SACH is 45.17M, and at present, short sellers hold a 4.29% of that float. The average trading volume of SACH on November 14, 2024 was 275.16K shares.
SACH’s Market Performance
SACH stock saw a decrease of -12.93% in the past week, with a monthly decline of -28.31% and a quarterly a decrease of -22.73%. The volatility ratio for the week is 6.21%, and the volatility levels for the last 30 days are 3.61% for Sachem Capital Corp (SACH). The simple moving average for the past 20 days is -20.41% for SACH’s stock, with a -39.44% simple moving average for the past 200 days.
Analysts’ Opinion of SACH
Many brokerage firms have already submitted their reports for SACH stocks, with Alliance Global Partners repeating the rating for SACH by listing it as a “Buy.” The predicted price for SACH in the upcoming period, according to Alliance Global Partners is $4.50 based on the research report published on March 18, 2024 of the current year 2024.
Oppenheimer gave a rating of “Outperform” to SACH, setting the target price at $6 in the report published on April 28th of the previous year.
SACH Trading at -25.89% from the 50-Day Moving Average
After a stumble in the market that brought SACH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -61.53% of loss for the given period.
Volatility was left at 3.61%, however, over the last 30 days, the volatility rate increased by 6.21%, as shares sank -28.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -26.96% lower at present.
During the last 5 trading sessions, SACH fell by -13.42%, which changed the moving average for the period of 200-days by -50.56% in comparison to the 20-day moving average, which settled at $2.2422. In addition, Sachem Capital Corp saw -52.27% 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 SACH starting from Bernhard Leslie, who sale 2,750 shares at the price of $3.58 back on Nov 22 ’23. After this action, Bernhard Leslie now owns 8,250 shares of Sachem Capital Corp, valued at $9,859 using the latest closing price.
Bernhard Leslie, the Director of Sachem Capital Corp, sale 1,900 shares at $3.59 during a trade that took place back on Nov 15 ’23, which means that Bernhard Leslie is holding 11,000 shares at $6,821 based on the most recent closing price.
Stock Fundamentals for SACH
Current profitability levels for the company are sitting at:
- 0.48 for the present operating margin
- 0.99 for the gross margin
The net margin for Sachem Capital Corp stands at 0.1. The total capital return value is set at 0.06. Equity return is now at value 2.92, with 1.11 for asset returns.
Based on Sachem Capital Corp (SACH), the company’s capital structure generated 0.58 points at debt to capital in total, while cash flow to debt ratio is standing at 0.07. The debt to equity ratio resting at 1.37. The interest coverage ratio of the stock is 1.07.
Currently, EBITDA for the company is 46.72 million with net debt to EBITDA at 26.96. When we switch over and look at the enterprise to sales, we see a ratio of 5.9. The receivables turnover for the company is 0.13for trailing twelve months and the total asset turnover is 0.11.
Conclusion
In summary, Sachem Capital Corp (SACH) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.
