Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, Seritage Growth Properties (NYSE: SRG) closed at $2.97 down -8.05% from its previous closing price of $3.23. In other words, the price has decreased by -$8.05 from its previous closing price. On the day, 0.58 million shares were traded. SRG stock price reached its highest trading level at $3.2299 during the session, while it also had its lowest trading level at $2.93.
Ratios:
For a deeper understanding of Seritage Growth Properties’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.64. In the meantime, Its Debt-to-Equity ratio is 0.68 whereas as Long-Term Debt/Eq ratio is at 0.68.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Odeon on July 12, 2023, initiated with a Buy rating and assigned the stock a target price of $14.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 21 ’24 when Yakira Capital Management, Inc bought 23,500 shares for $20.00 per share. The transaction valued at 470,000 led to the insider holds 309,404 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SRG now has a Market Capitalization of 167284064 and an Enterprise Value of 377433664. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.51 while its Price-to-Book (P/B) ratio in mrq is 0.40. Its current Enterprise Value per Revenue stands at 6.697 whereas that against EBITDA is -45.359.
Stock Price History:
The Beta on a monthly basis for SRG is 2.29, which has changed by -0.6912682 over the last 52 weeks, in comparison to a change of 0.08089435 over the same period for the S&P500. Over the past 52 weeks, SRG has reached a high of $9.87, while it has fallen to a 52-week low of $3.12. The 50-Day Moving Average of the stock is -16.90%, while the 200-Day Moving Average is calculated to be -30.08%.
Shares Statistics:
For the past three months, SRG has traded an average of 163.87K shares per day and 177430 over the past ten days. A total of 56.27M shares are outstanding, with a floating share count of 35.41M. Insiders hold about 37.07% of the company’s shares, while institutions hold 52.38% stake in the company. Shares short for SRG as of 1741910400 were 5860465 with a Short Ratio of 35.76, compared to 1739491200 on 5810179. Therefore, it implies a Short% of Shares Outstanding of 5860465 and a Short% of Float of 13.780000000000001.
