Terreno Realty Corp (NYSE:TRNO) shares, rose in value, with the stock price down by -0.55% to the previous day’s close as strong demand from buyers drove the stock to $54.13.
Actively observing the price movement in the last trading, the stock closed the session at $54.43. The PE ratio was 30.34 over 12-month period. Referring to stock’s 52-week performance, its high was $66.63, and the low was $50.42. On the whole, TRNO has fluctuated by -17.14% over the past month.
The company’s Forward Dividend Ratio is 1.75, with its dividend yield at 3.23%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 368.87M, with a low estimate of 85.4M and a high estimate of 89.38M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 87.26M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TRNO’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 3.03, with the price of TRNO currently trading nearly -9.81% and -12.96% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 28.36, while the 7-day volatility ratio is showing 1.90% which for the 30-day chart, stands at 2.39%. Furthermore, Terreno Realty Corp (TRNO)’s beta value is 0.86, and its average true range (ATR) is 1.44.
A comparison of Terreno Realty Corp (TRNO) with its peers suggests the former has fared considerably weaker in the market. TRNO showed an intraday change of -0.55% in last session, and over the past year, it shrunk by -10.08%%.
Data on historical trading for Terreno Realty Corp (NYSE:TRNO) indicates that the trading volumes over the past 3 months, they’ve averaged 773.28K. According to company’s latest data on outstanding shares, there are 95.70 million shares outstanding.
Nearly 2.14% of Terreno Realty Corp’s shares belong to company insiders and institutional investors own 96.27% of the company’s shares. The stock has fallen by -13.63% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TRNO stock heading into the next quarter.
