The stock price of Equity Commonwealth (NYSE: EQC) has jumped by 2.37 compared to previous close of 1.69. Despite this, the company has seen a gain of 15.33% in its stock price over the last five trading days. seekingalpha.com reported 2024-12-01 that U.S. equity markets climbed to fresh record-highs while benchmark interest rates dipped sharply, as investors parsed inflation data and deliberated the potential implementation and impacts of Trump Administration policies. Markets cheered the nomination of Scott Bessent for US Treasury Secretary, reflecting expectations that the implementation of hawkish trade and immigration policies would consider the impacts on U.S. financial markets. Extending its post-election gains to around 6%, the S&P 500 advanced another 1.2% this week. The Small-Cap 600 gained 1.1% this week – lifting its post-election gains to over 10%.
Is It Worth Investing in Equity Commonwealth (NYSE: EQC) Right Now?
The price-to-earnings ratio for Equity Commonwealth (NYSE: EQC) is 4.49x, which is above its average ratio. Moreover, the 36-month beta value for EQC is 0.26. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for EQC is 101.09M and currently, short sellers hold a 1.49% of that float. On December 16, 2024, EQC’s average trading volume was 31.89M shares.
EQC’s Market Performance
The stock of Equity Commonwealth (EQC) has seen a 15.33% increase in the past week, with a 28.43% rise in the past month, and a 24.71% gain in the past quarter. The volatility ratio for the week is 7.69%, and the volatility levels for the past 30 days are at 2.32% for EQC. The simple moving average for the past 20 days is 19.12% for EQC’s stock, with a 28.99% simple moving average for the past 200 days.
Analysts’ Opinion of EQC
Many brokerage firms have already submitted their reports for EQC stocks, with BofA Securities repeating the rating for EQC by listing it as a “Underperform.” The predicted price for EQC in the upcoming period, according to BofA Securities is $28 based on the research report published on October 04, 2021 of the previous year 2021.
BofA Securities, on the other hand, stated in their research note that they expect to see EQC reach a price target of $29, previously predicting the price at $32. The rating they have provided for EQC stocks is “Neutral” according to the report published on May 07th, 2021.
EQC Trading at 24.11% from the 50-Day Moving Average
After a stumble in the market that brought EQC to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 1.76% of gains for the given period.
Volatility was left at 2.32%, however, over the last 30 days, the volatility rate increased by 7.69%, as shares sank -91.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -91.26% lower at present.
During the last 5 trading sessions, EQC rose by +14.67%, which changed the moving average for the period of 200-days by -90.92% in comparison to the 20-day moving average, which settled at $14.6200. In addition, Equity Commonwealth saw 32.17% 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 EQC starting from Levy Andrew, who sale 2,409 shares at the price of $18.71 back on Mar 06 ’24. After this action, Levy Andrew now owns 2,305 shares of Equity Commonwealth, valued at $45,072 using the latest closing price.
Stock Fundamentals for EQC
Current profitability levels for the company are sitting at:
- 0.16 for the present operating margin
- 0.33 for the gross margin
The net margin for Equity Commonwealth stands at 0.85. The total capital return value is set at 0.0. Equity return is now at value 2.10, with 2.06 for asset returns.
Currently, EBITDA for the company is -3.91 million with net debt to EBITDA at 1716.94. When we switch over and look at the enterprise to sales, we see a ratio of -34.93. The receivables turnover for the company is 7.26for trailing twelve months and the total asset turnover is 0.02.
Conclusion
To wrap up, the performance of Equity Commonwealth (EQC) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
