Realty Income Corp. (NYSE:O) price closed lower on Tuesday, April 16, dropping -1.65% below its previous close.
A look at the daily price movement shows that the last close reads $51.65. The company’s P/E ratio in the trailing 12-month period read 40.33. Taking into account the 52-week price action we note that the stock hit a 52-week high of $64.18 and 52-week low of $45.03. The stock subtracted -2.66% on its value in the past month.
Realty Income Corp., which has a market valuation of $43.74 billion. The company stock has a Forward Dividend ratio of 3.07, while the dividend yield is 6.05%. 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 O a short term outlook of 50% 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 1.78. The overview shows that O’s price is at present -3.67% off the SMA20 and -3.46% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 36.45, with weekly volatility standing at 1.77%. The indicator jumps to 1.43% when calculated based on the past 30 days. Realty Income Corp. (NYSE:O)’s beta value is holding at 0.93, while the average true range (ATR) indicator is currently reading 0.90.
An analysis of the Realty Income Corp. (NYSE:O) stock in terms of its daily trading volume indicates that the 3-month average is 7.07 million.
Current records show that the company has 861.12M in outstanding shares. The insiders’ percentage holdings are 0.12% of outstanding shares while the percentage share held by institutions stands at 72.00%. But the -11.53% 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.
