Kimco Realty Corporation (NYSE:KIM) price is hovering lower on Tuesday, April 16, dropping -1.80% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $18.04. The company’s P/E ratio in the trailing 12-month period read 17.52. Taking into account the 52-week price action we note that the stock hit a 52-week high of $22.83 and 52-week low of $16.27. The stock subtracted -6.17% on its value in the past month.
Kimco Realty Corporation, which has a market valuation of $11.94 billion. The company stock has a Forward Dividend ratio of 0.94, while the dividend yield is 5.29%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give KIM a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 50% Sell.
The overview shows that KIM’s price is at present -5.92% off the SMA20 and -8.23% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 33.35, with weekly volatility standing at 1.98%. The indicator jumps to 1.99% when calculated based on the past 30 days. Kimco Realty Corporation (NYSE:KIM)’s beta value is holding at 1.45, while the average true range (ATR) indicator is currently reading 0.42.
An analysis of the Kimco Realty Corporation (NYSE:KIM) stock in terms of its daily trading volume indicates that the 3-month average is 5.44 million.
Current records show that the company has 674.14M in outstanding shares. The insiders’ percentage holdings are 2.15% of outstanding shares while the percentage share held by institutions stands at 101.60%. But the -16.87% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
