In the past week, ROIC stock has gone up by 0.23%, with a monthly gain of 10.63% and a quarterly surge of 15.10%. The volatility ratio for the week is 0.17%, and the volatility levels for the last 30 days are 1.63% for Retail Opportunity Investments Corp The simple moving average for the past 20 days is 4.69% for ROIC’s stock, with a 25.18% simple moving average for the past 200 days.
Is It Worth Investing in Retail Opportunity Investments Corp (NASDAQ: ROIC) Right Now?
Retail Opportunity Investments Corp (NASDAQ: ROIC) has a higher price-to-earnings ratio of 38.00x compared to its average ratio, The 36-month beta value for ROIC is at 1.48. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 4 rating it as “overweight,” 8 as “hold,” and 1 as “sell.”
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The public float for ROIC is 123.82M, and currently, shorts hold a 1.50% of that float. The average trading volume for ROIC on November 20, 2024 was 1.73M shares.
ROIC) stock’s latest price update
The stock price of Retail Opportunity Investments Corp (NASDAQ: ROIC) has surged by 0.06 when compared to previous closing price of 17.37, but the company has seen a 0.23% gain in its stock price over the last five trading sessions. prnewswire.com reported 2024-11-13 that NEW YORK, Nov. 13, 2024 /PRNewswire/ — Rowley Law PLLC is investigating potential securities law violations by Retail Opportunity Investments Corp. (NASDAQ: ROIC) and its board of directors concerning the proposed acquisition of the company by Blackstone (NYSE: BX). Stockholders will receive $17.50 for each share of Retail Opportunity Investments stock that they hold.
Analysts’ Opinion of ROIC
BofA Securities gave a rating of “Underperform” to ROIC, setting the target price at $14 in the report published on October 24th of the current year.
ROIC Trading at 8.21% from the 50-Day Moving Average
After a stumble in the market that brought ROIC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.11% of loss for the given period.
Volatility was left at 1.63%, however, over the last 30 days, the volatility rate increased by 0.17%, as shares surge +10.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.94% upper at present.
During the last 5 trading sessions, ROIC rose by +0.23%, which changed the moving average for the period of 200-days by +28.17% in comparison to the 20-day moving average, which settled at $16.60. In addition, Retail Opportunity Investments Corp saw 23.88% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for ROIC
Current profitability levels for the company are sitting at:
- 0.42 for the present operating margin
- 0.52 for the gross margin
The net margin for Retail Opportunity Investments Corp stands at 0.17. The total capital return value is set at 0.05. Equity return is now at value 4.50, with 1.88 for asset returns.
Based on Retail Opportunity Investments Corp (ROIC), the company’s capital structure generated 0.52 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at 1.09. The interest coverage ratio of the stock is 1.77.
Currently, EBITDA for the company is 214.07 million with net debt to EBITDA at 6.0. When we switch over and look at the enterprise to sales, we see a ratio of 10.99. The receivables turnover for the company is 5.21for trailing twelve months and the total asset turnover is 0.11.
Conclusion
In conclusion, Retail Opportunity Investments Corp (ROIC) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
