Kite Realty Group Trust (NYSE:KRG) price closed lower on Tuesday, April 16, dropping -0.50% below its previous close.
A look at the daily price movement shows that the last close reads $20.02. The company’s P/E ratio in the trailing 12-month period read 92.26. Taking into account the 52-week price action we note that the stock hit a 52-week high of $24.23 and 52-week low of $19.12. The stock subtracted -4.09% on its value in the past month.
Kite Realty Group Trust, which has a market valuation of $4.37 billion. The company stock has a Forward Dividend ratio of 0.98, while the dividend yield is 4.92%. 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 KRG 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.
The overview shows that KRG’s price is at present -4.07% off the SMA20 and -5.59% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 36.68, with weekly volatility standing at 1.93%. The indicator jumps to 1.80% when calculated based on the past 30 days. Kite Realty Group Trust (NYSE:KRG)’s beta value is holding at 1.31, while the average true range (ATR) indicator is currently reading 0.43.
An analysis of the Kite Realty Group Trust (NYSE:KRG) stock in terms of its daily trading volume indicates that the 3-month average is 1.85 million.
Current records show that the company has 219.45M in outstanding shares. The insiders’ percentage holdings are 0.85% of outstanding shares while the percentage share held by institutions stands at 94.18%. But the -12.86% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
