For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $39.62 in the prior trading day, CubeSmart (NYSE: CUBE) closed at $39.35, down -0.68%. In other words, the price has decreased by -$0.68 from its previous closing price. On the day, 2.59 million shares were traded.
Ratios:
Our goal is to gain a better understanding of CUBE by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 116.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.27. In the meantime, Its Debt-to-Equity ratio is 1.08 whereas as Long-Term Debt/Eq ratio is at 0.97.
On March 05, 2025, Scotiabank Downgraded its rating to Sector Perform which previously was Sector Outperform but kept the price unchanged to $46.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 11 ’24 when Schulte Jennifer sold 15,942 shares for $52.56 per share. The transaction valued at 837,919 led to the insider holds 10,847 shares of the business.
DeNarie Matthew D sold 868 shares of CUBE for $46,560 on Sep 13 ’24. The Chief Accounting Officer now owns 17,081 shares after completing the transaction at $53.64 per share. On Sep 11 ’24, another insider, Schulte Jennifer, who serves as the Officer of the company, bought 15,942 shares for $53.52 each.
Valuation Measures:
As of this moment, CubeSmart’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.86, and their Forward P/E ratio for the next fiscal year is 24.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.49 while its Price-to-Book (P/B) ratio in mrq is 3.12.
Stock Price History:
Over the past 52 weeks, CUBE has reached a high of $55.14, while it has fallen to a 52-week low of $34.24. The 50-Day Moving Average of the stock is -3.63%, while the 200-Day Moving Average is calculated to be -14.26%.
Shares Statistics:
A total of 227.76M shares are outstanding, with a floating share count of 226.75M. Insiders hold about 0.95% of the company’s shares, while institutions hold 96.94% stake in the company.
