Healthpeak Properties Inc. (NYSE:DOC) shares, rose in value on Friday, April 26, with the stock price up by 1.72% to the previous day’s close as strong demand from buyers drove the stock to $18.65.
Actively observing the price movement in the recent trading, the stock is buoying the session at $18.34. The PE ratio was 33.55 over 12-month period. Referring to stock’s 52-week performance, its high was $22.38, and the low was $15.24. On the whole, DOC has fluctuated by 1.88% over the past month.
The company’s Forward Dividend Ratio is 1.20, with its dividend yield at 6.43%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.67B, with a low estimate of 629.9M and a high estimate of 734.8M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 680.88M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DOC’s technical picture suggests that short-term indicators denote the stock is a 25% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of DOC currently trading nearly 1.14% and 5.43% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 56.78, while the 7-day volatility ratio is showing 2.44% which for the 30-day chart, stands at 2.66%. Furthermore, Healthpeak Properties Inc. (DOC)’s beta value is 1.01, and its average true range (ATR) is 0.50.
A comparison of Healthpeak Properties Inc. (DOC) with its peers suggests the former has fared considerably weaker in the market. DOC showed an intraday change of 1.72% in today’s session so far, and over the past year, it shrunk by -10.18%%.
Data on historical trading for Healthpeak Properties Inc. (NYSE:DOC) indicates that the trading volumes over the past 3 months, they’ve averaged 7.88 million. According to company’s latest data on outstanding shares, there are 709.58 million shares outstanding.
Nearly 0.31% of Healthpeak Properties Inc.’s shares belong to company insiders and institutional investors own 74.68% of the company’s shares. The stock has fallen by -5.78% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DOC stock heading into the next quarter.
