Medalist Diversified REIT Inc. [MDRR] is -34.63% lower this YTD. Is it still time to buy?

Medalist Diversified REIT Inc. [NASDAQ: MDRR] traded at a low on 04/09/21, posting a -18.57 loss after which it closed the day’ session at $1.42. The company report on April 9, 2021 that Medalist Diversified REIT Announces Pricing of $12.0 Million Public Offering of Common Stock.

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Medalist Diversified REIT (NASDAQ: MDRR) (the “Company” or “Medalist”), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Southeast region of the U.S., announced the pricing of a public offering of 8,000,000 shares of its common stock at a price to the public of $1.50 per share, for a total of approximately $12.0 million in gross proceeds. Shares of the Company’s common stock trade on the Nasdaq Capital Market under the ticker symbol “MDRR.” The offering is expected to close on or about April 13, 2021, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds from this offering to acquire additional properties, for working capital, for general corporate purposes. The Company has granted the underwriters a 45-day option to purchase up to 1,200,000 additional shares of common stock to cover over allotments, if any.

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Kingswood Capital Markets, division of Benchmark Investments, Inc. is acting as sole bookrunning manager for the offering. Revere Securities LLC, R.F. Lafferty & Co., Inc. and Spartan Capital Securities LLC are acting as co-managers for the offering.

The results of the trading session contributed to over 5534932 shares changing hands. Over the past one week, the price volatility of Medalist Diversified REIT Inc. stands at 8.20% while the volatility over the past one month is 10.28%.

The market cap for MDRR stock reached $12.60 million, with 4.79 million shares outstanding and 3.29 million shares in the current float. Compared to the average trading volume of 750.66K shares, MDRR reached a trading volume of 5534932 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Medalist Diversified REIT Inc. [MDRR]?

The Average True Range (ATR) for Medalist Diversified REIT Inc. is set at 0.22, with the Price to Sales ratio for MDRR stock in the period of the last 12 months amounting to 1.35. The Price to Book ratio for the last quarter was 0.63, with the Price to Cash per share for the same quarter was set at 0.33.

How has MDRR stock performed recently?

Medalist Diversified REIT Inc. [MDRR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -32.46. With this latest performance, MDRR shares dropped by -28.75% in over the last four-week period, additionally plugging by 22.84% over the last 6 months – not to mention a drop of -10.83% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MDRR stock in for the last two-week period is set at 30.08, with the RSI for the last a single of trading hit 21.59, and the three-weeks RSI is set at 35.17 for Medalist Diversified REIT Inc. [MDRR]. The present Moving Average for the last 50 days of trading for this stock 2.2499, while it was recorded at 1.8230 for the last single week of trading, and 1.9682 for the last 200 days.

Medalist Diversified REIT Inc. [MDRR]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Medalist Diversified REIT Inc. [MDRR] shares currently have an operating margin of -21.30 and a Gross Margin at +5.64. Medalist Diversified REIT Inc.’s Net Margin is presently recorded at -86.07.

Return on Total Capital for MDRR is now -2.55, given the latest momentum, and Return on Invested Capital for the company is -13.35. Return on Equity for this stock declined to -56.30, with Return on Assets sitting at -10.07. When it comes to the capital structure of this company, Medalist Diversified REIT Inc. [MDRR] has a Total Debt to Total Equity ratio set at 600.56. Additionally, MDRR Total Debt to Total Capital is recorded at 85.73, with Total Debt to Total Assets ending up at 82.29. Long-Term Debt to Equity for the company is recorded at 427.42, with the Long-Term Debt to Total Capital now at 61.01.

Receivables Turnover for the company is 31.26 with a Total Asset Turnover recorded at a value of 0.12.

Earnings analysis for Medalist Diversified REIT Inc. [MDRR]

With the latest financial reports released by the company, Medalist Diversified REIT Inc. posted -0.38/share EPS, while the average EPS was predicted by analysts to be reported at -0.08/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -375.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MDRR.

Insider trade positions for Medalist Diversified REIT Inc. [MDRR]

There are presently around $0 million, or 2.60% of MDRR stock, in the hands of institutional investors. The top three institutional holders of MDRR stocks are: NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO with ownership of 43,983, which is approximately 0% of the company’s market cap and around 2.00% of the total institutional ownership; VIRTU FINANCIAL LLC, holding 38,135 shares of the stock with an approximate value of $54000.0 in MDRR stocks shares; and RENAISSANCE TECHNOLOGIES LLC, currently with $36000.0 in MDRR stock with ownership of nearly New of the company’s market capitalization.

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Positions in Medalist Diversified REIT Inc. stocks held by institutional investors increased at the end of June and at the time of the June reporting period, where 6 institutional holders increased their position in Medalist Diversified REIT Inc. [NASDAQ:MDRR] by around 112,014 shares. Additionally, 2 investors decreased positions by around 25,950 shares, while 5 investors held positions by with 45,818 shares. The mentioned changes placed institutional holdings at 183,782 shares, according to the latest SEC report filing. MDRR stock had 5 new institutional investments in for a total of 110,150 shares, while 2 institutional investors sold positions of 25,950 shares during the same period.

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