Retail Opportunity Investments Corp [NASDAQ: ROIC] traded at a low on Wednesday, posting a 0.00 loss after which it closed the day’ session at $17.49.
The results of the trading session contributed to over 6049675 shares changing hands. Over the past one week, the price volatility of Retail Opportunity Investments Corp stands at 0.10% while the volatility over the past one month is 0.17%.
The market cap for ROIC stock reached $2.36 billion, with 128.65 million shares outstanding and 124.69 million shares in the current float. Compared to the average trading volume of 1.33M shares, ROIC reached a trading volume of 6049675 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Retail Opportunity Investments Corp [ROIC]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ROIC shares is $17.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ROIC stock is a recommendation set at 3.00. 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.
KeyBanc Capital Markets have made an estimate for Retail Opportunity Investments Corp shares, keeping their opinion on the stock as Sector Weight, with their previous recommendation back on November 05, 2024. The new note on the price target was released on October 30, 2024, representing the official price target for Retail Opportunity Investments Corp stock. Previously, the target price had yet another raise to $14, while BofA Securities analysts kept a Underperform rating on ROIC stock. On April 05, 2024, analysts decreased their price target for ROIC shares from 14.50 to 12.
The Average True Range (ATR) for Retail Opportunity Investments Corp is set at 0.04, with the Price to Sales ratio for ROIC stock in the period of the last 12 months amounting to 7.02. The Price to Book ratio for the last quarter was 1.73, with the Price to Cash per share for the same quarter was set at 0.45. Price to Free Cash Flow for ROIC in the course of the last twelve months was 21.09.
How has ROIC stock performed recently?
Retail Opportunity Investments Corp [ROIC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.06. With this latest performance, ROIC shares gained by 0.75% in over the last four-week period, additionally plugging by 15.37% over the last 6 months – not to mention a rise of 30.13% 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 ROIC stock in for the last two-week period is set at 61.16, with the RSI for the last a single of trading hit 61.50, and the three-weeks RSI is set at 61.96 for Retail Opportunity Investments Corp [ROIC]. The present Moving Average for the last 50 days of trading for this stock 17.42, while it was recorded at 17.49 for the last single week of trading, and 15.20 for the last 200 days.
Earnings analysis for Retail Opportunity Investments Corp [ROIC]
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 ROIC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Retail Opportunity Investments Corp go to 5.87%.
Insider trade positions for Retail Opportunity Investments Corp [ROIC]
There are presently around $102.83%, or 106.35%% of ROIC stock, in the hands of institutional investors. The top three institutional holders of ROIC stocks are: BLACKROCK INC. with ownership of 23.18 million shares, which is approximately 18.3072%. VANGUARD GROUP INC, holding 19.58 million shares of the stock with an approximate value of $$243.43 million in ROIC stocks shares; and VANGUARD GROUP INC, currently with $$117.62 million in ROIC stock with ownership which is approximately 7.4745%.
