Rexford Industrial Realty Inc (NYSE:REXR) price is hovering lower on Wednesday, April 17, dropping -2.58% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $44.66. The company’s P/E ratio in the trailing 12-month period read 38.85. Taking into account the 52-week price action we note that the stock hit a 52-week high of $58.02 and 52-week low of $41.56. The stock subtracted -14.85% on its value in the past month.
Rexford Industrial Realty Inc, which has a market valuation of $10.11 billion. The company stock has a Forward Dividend ratio of 1.56, while the dividend yield is 3.58%. 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 REXR 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.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 3.88. The overview shows that REXR’s price is at present -10.94% off the SMA20 and -14.42% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 20.24, with weekly volatility standing at 2.50%. The indicator jumps to 1.93% when calculated based on the past 30 days. Rexford Industrial Realty Inc (NYSE:REXR)’s beta value is holding at 0.89, while the average true range (ATR) indicator is currently reading 1.13.
An analysis of the Rexford Industrial Realty Inc (NYSE:REXR) stock in terms of its daily trading volume indicates that the 3-month average is 1.93 million.
Current records show that the company has 232.27M in outstanding shares. The insiders’ percentage holdings are 0.20% of outstanding shares while the percentage share held by institutions stands at 92.90%. But the -22.44% 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.
