National Storage Affiliates Trust (NYSE:NSA) shares, rose in value, with the stock price down by -0.71% to the previous day’s close as strong demand from buyers drove the stock to $34.92.
Actively observing the price movement in the last trading, the stock closed the session at $35.17. The PE ratio was 23.30 over 12-month period. Referring to stock’s 52-week performance, its high was $42.54, and the low was $27.86. On the whole, NSA has fluctuated by -10.28% over the past month.
The company’s Forward Dividend Ratio is 2.24, with its dividend yield at 6.41%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 784.47M, with a low estimate of 174.21M and a high estimate of 201.2M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 191.02M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NSA’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold 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 2.12, with the price of NSA currently trading nearly -5.44% and -5.31% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 37.53, while the 7-day volatility ratio is showing 1.97% which for the 30-day chart, stands at 2.25%. Furthermore, National Storage Affiliates Trust (NSA)’s beta value is 0.88, and its average true range (ATR) is 0.89.
A comparison of National Storage Affiliates Trust (NSA) with its peers suggests the former has fared considerably weaker in the market. NSA showed an intraday change of -0.71% in last session, and over the past year, it shrunk by -7.37%%.
Data on historical trading for National Storage Affiliates Trust (NYSE:NSA) indicates that the trading volumes over the past 3 months, they’ve averaged 814.51K. According to company’s latest data on outstanding shares, there are 82.29 million shares outstanding.
Nearly 8.54% of National Storage Affiliates Trust’s shares belong to company insiders and institutional investors own 91.49% of the company’s shares. The stock has fallen by -15.79% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NSA stock heading into the next quarter.
