UDR Inc [UDR] Is Currently 1.25 below its 200 Period Moving Avg: What Does This Mean?

MAR Stock

UDR Inc [NYSE: UDR] jumped around 0.44 points on Thursday, while shares priced at $35.78 at the close of the session, up 1.25%.

Compared to the average trading volume of 2.98M shares, UDR reached a trading volume of 3354625 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about UDR Inc [UDR]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for UDR shares is $39.35 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on UDR stock is a recommendation set at 2.36. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Piper Sandler have made an estimate for UDR Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 10, 2024. While these analysts kept the previous recommendation, Wells Fargo raised their target price from $34 to $39. The new note on the price target was released on March 04, 2024, representing the official price target for UDR Inc stock. Previously, the target price had yet another raise to $37, while Morgan Stanley analysts kept a Equal-Weight rating on UDR stock.

The Average True Range (ATR) for UDR Inc is set at 0.83, with the Price to Sales ratio for UDR stock in the period of the last 12 months amounting to 7.24. The Price to Book ratio for the last quarter was 2.98, with the Price to Cash per share for the same quarter was set at 0.11. Price to Free Cash Flow for UDR in the course of the last twelve months was 22.03.

How has UDR stock performed recently?

UDR Inc [UDR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.74. With this latest performance, UDR shares dropped by -2.59% in over the last four-week period, additionally sinking by -1.76% over the last 6 months – not to mention a drop of -12.93% 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 UDR stock in for the last two-week period is set at 43.17, with the RSI for the last a single of trading hit 40.59, and the three-weeks RSI is set at 45.10 for UDR Inc [UDR]. The present Moving Average for the last 50 days of trading for this stock 36.44, while it was recorded at 35.78 for the last single week of trading, and 37.07 for the last 200 days.

Earnings analysis for UDR Inc [UDR]

With the latest financial reports released by the company, UDR Inc posted 0.09/share EPS, while the average EPS was predicted by analysts to be reported at 0.11/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -18.20%. 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 UDR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for UDR Inc go to 21.18%.

Insider trade positions for UDR Inc [UDR]

The top three institutional holders of UDR stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in UDR stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in UDR stock with ownership which is approximately 5.8386%.

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