National Storage Affiliates Trust (NYSE:NSA) shares, rose in value on Friday, May 09, with the stock price up by 0.83% to the previous day’s close as strong demand from buyers drove the stock to $36.64.
Actively observing the price movement in the last trading, the stock closed the session at $36.34. The PE ratio was 61.75 over 12-month period. Referring to stock’s 52-week performance, its high was $49.15, and the low was $30.88. On the whole, NSA has fluctuated by 5.71% over the past month.
With the market capitalization of National Storage Affiliates Trust currently standing at about $4.92 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 2.26, with its dividend yield at 6.17%.
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 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of NSA currently trading nearly 0.95% and -1.09% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 50.50, while the 7-day volatility ratio is showing 2.91% which for the 30-day chart, stands at 3.13%. Furthermore, National Storage Affiliates Trust (NSA)’s beta value is 1.22, and its average true range (ATR) is 1.22.
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 0.83% in last session, and over the past year, it grew by 1.70%%.
Data on historical trading for National Storage Affiliates Trust (NYSE:NSA) indicates that the trading volumes over the past 3 months, they’ve averaged 746.96K. According to company’s latest data on outstanding shares, there are 76.45 million shares outstanding.
Nearly 8.61% of National Storage Affiliates Trust’s shares belong to company insiders and institutional investors own 88.65% of the company’s shares. The stock has fallen by -3.35% 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.
