VICI Properties Inc (NYSE:VICI) shares, rose in value, with the stock price down by -0.34% to the previous day’s close as strong demand from buyers drove the stock to $29.26.
Actively observing the price movement in the last trading, the stock closed the session at $29.36. The value of beta (5-year monthly) was 0.92 whereas the PE ratio was 11.84 over 12-month period. Referring to stock’s 52-week performance, its high was $34.05, and the low was $26.62. On the whole, VICI has fluctuated by 1.18% over the past month.
With the market capitalization of VICI Properties Inc currently standing at about $30.51 billion, investors are eagerly awaiting this quarter’s results, scheduled for May 01, 2024. The company’s Forward Dividend Ratio is 1.64, with its dividend yield at 5.59%.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that VICI’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium term indicators have put the stock in the category of 100% Sell while long term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.88, with the price of VICI currently trading nearly 0.20% and -1.14% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.89, while the 7-day volatility ratio is showing 1.23% which for the 30-day chart, stands at 1.46%. Furthermore, VICI Properties Inc (VICI)’s beta value is 0.92, and its average true range (ATR) is 0.46.
A comparison of VICI Properties Inc (VICI) with its peers suggests the former has fared considerably weaker in the market. VICI showed an intraday change of -0.34% in last session, and over the past year, it shrunk by -9.94%%.
Data on historical trading for VICI Properties Inc (NYSE:VICI) indicates that the trading volumes over the past 10 days have averaged 5.27 million and over the past 3 months, they’ve averaged 6.22 million. According to company’s latest data on outstanding shares, there are 1.04 billion shares outstanding.
Nearly 0.31% of VICI Properties Inc’s shares belong to company insiders and institutional investors own 99.01% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 21.07 million shares as on Mar 15, 2024, resulting in a short ratio of 2.93. According to the data, the short interest in VICI Properties Inc (VICI) stood at 2.02% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 25.64 million. The stock has fallen by -8.22% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VICI stock heading into the next quarter.
