Americold Realty Trust Inc (NYSE:COLD) price on Friday, May 10, rose 5.41% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $24.18.
A look at the stock’s price movement, the level at last check in today’s session was $22.94. Turning to its 52-week performance, $33.82 and $21.87 were the 52-week high and 52-week low respectively. Overall, COLD moved -1.10% over the past month.
Americold Realty Trust Inc’s market cap currently stands at around $6.87 billion. The company has a Forward Dividend ratio of 0.88, with its dividend yield at 3.64%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 668.89M for the company’s revenue for the quarter, with a low and high estimate of 649.56M and 687.39M respectively. The average forecast suggests down to a -5.20% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 2.78B, representing a 3.80% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that COLD is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
COLD’s current price about 6.35% and 0.29% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 62.05, while 7-day volatility ratio is 2.02% and 1.93% in the 30-day chart. Further, Americold Realty Trust Inc (COLD) has a beta value of 0.56, and an average true range (ATR) of 0.62.
If we refocus on Americold Realty Trust Inc (NYSE:COLD), historical trading data shows that trading volumes averaged 2.58 million over the past 3 months. The company’s latest data on shares outstanding shows there are 283.70 million shares.
The 0.23% of Americold Realty Trust Inc’s shares are in the hands of company insiders while institutional holders own 102.15% of the company’s shares. Current price change has pushed the stock -20.12% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the COLD stock continues to rise going into the next quarter.
