Arbor Realty Trust Inc. (NYSE:ABR) price is hovering higher on Wednesday, April 17, jumping 0.70% above its previous close.
A look at today’s price movement shows that the recent level at last check reads $12.07. The company’s P/E ratio in the trailing 12-month period read 6.93. Taking into account the 52-week price action we note that the stock hit a 52-week high of $16.74 and 52-week low of $9.22. The stock subtracted -4.96% on its value in the past month.
Arbor Realty Trust Inc., which has a market valuation of $2.29 billion. The company stock has a Forward Dividend ratio of 0.43, while the dividend yield is 3.54%. 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 ABR 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 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 0.87. The overview shows that ABR’s price is at present -5.01% off the SMA20 and -5.32% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 37.01, with weekly volatility standing at 3.03%. The indicator jumps to 2.48% when calculated based on the past 30 days. Arbor Realty Trust Inc. (NYSE:ABR)’s beta value is holding at 1.96, while the average true range (ATR) indicator is currently reading 0.35.
An analysis of the Arbor Realty Trust Inc. (NYSE:ABR) stock in terms of its daily trading volume indicates that the 3-month average is 4.81 million.
Current records show that the company has 188.51M in outstanding shares. The insiders’ percentage holdings are 9.44% of outstanding shares while the percentage share held by institutions stands at 59.12%. But the -19.93% 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.
