Curbline Properties Corp (CURB) Shares Soar Above 1-Year High

The stock of Curbline Properties Corp (NYSE: CURB) has increased by 2.15 when compared to last closing price of 23.23. Despite this, the company has experienced a 2.37% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-12-22 that U.S. equity markets tumbled this week while benchmark interest rates jumped to six-month highs after the Fed cut rates for a third-straight meeting but indicated a less-dovish outlook for 2025. Reflecting concern over stubbornly sticky inflation and buoyant economic growth, the FOMC’s updated Economic Projections indicate just two rate cuts in 2025, down from four in the prior forecast. Posting its worst week since November, the S&P 500 dipped 2.2%. The Dow shed roughly 1,000 points, while the Small-Cap 600 and the Mid-Cap 400 each tumbled by nearly 5%.

Is It Worth Investing in Curbline Properties Corp (NYSE: CURB) Right Now?

Curbline Properties Corp (NYSE: CURB) has a price-to-earnings ratio that is above its average at 81.21x. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 2 as “overweight,” 4 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 CURB is 95.28M, and at present, short sellers hold a 1.73% of that float. On December 26, 2024, the average trading volume of CURB was 895.14K shares.

CURB’s Market Performance

The volatility ratio for the week is 4.33%, and the volatility levels for the past 30 days are at 2.99% for CURB. The simple moving average for the last 20 days is 0.27% for CURB stock, with a simple moving average of 1.29% for the last 200 days.

Analysts’ Opinion of CURB

Many brokerage firms have already submitted their reports for CURB stocks, with Piper Sandler repeating the rating for CURB by listing it as a “Overweight.” The predicted price for CURB in the upcoming period, according to Piper Sandler is $28 based on the research report published on October 17, 2024 of the current year 2024.

Truist, on the other hand, stated in their research note that they expect to see CURB reach a price target of $22. The rating they have provided for CURB stocks is “Hold” according to the report published on October 08th, 2024.

Citigroup gave a rating of “Neutral” to CURB, setting the target price at $25 in the report published on October 08th of the current year.

CURB Trading at 0.66% from the 50-Day Moving Average

After a stumble in the market that brought CURB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.39% of loss for the given period.

Volatility was left at 2.99%, however, over the last 30 days, the volatility rate increased by 4.33%, as shares sank -0.92% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.63% upper at present.

During the last 5 trading sessions, CURB rose by +2.37%, in comparison to the 20-day moving average, which settled at $23.67. In addition, Curbline Properties Corp saw 19.55% 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 CURB starting from Otto Alexander, who sale 224 shares at the price of $22.94 back on Oct 18 ’24. After this action, Otto Alexander now owns 7,946,060 shares of Curbline Properties Corp, valued at $5,139 using the latest closing price.

Conclusion

To sum up, Curbline Properties Corp (CURB) has seen a better performance recently. Analysts have differing views on the stock, with some seeing 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.

Most Popular

Related Posts