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.
In the latest session, Diversified Healthcare Trust (NASDAQ: DHC) closed at $2.31 down -9.77% from its previous closing price of $2.56. In other words, the price has decreased by -$9.77 from its previous closing price. On the day, 1.12 million shares were traded. DHC stock price reached its highest trading level at $2.525 during the session, while it also had its lowest trading level at $2.31.
Ratios:
For a deeper understanding of Diversified Healthcare Trust’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 1.27 whereas as Long-Term Debt/Eq ratio is at 1.27.
Wells Fargo Downgraded its Overweight to Equal Weight on January 17, 2020, while the target price for the stock was maintained at $9.
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 Jun 14 ’23 when PORTNOY ADAM D. bought 2,000,000 shares for $3.07 per share. The transaction valued at 6,132,600 led to the insider holds 23,250,019 shares of the business.
PORTNOY ADAM D. bought 1,992,259 shares of DHC for $6,026,783 on Jun 13 ’23. The Director now owns 21,250,019 shares after completing the transaction at $3.03 per share. On Jun 12 ’23, another insider, PORTNOY ADAM D., who serves as the Director of the company, bought 2,011,256 shares for $2.87 each. As a result, the insider paid 5,778,540 and bolstered with 19,257,760 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DHC now has a Market Capitalization of 555365568 and an Enterprise Value of 3186030592. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39 while its Price-to-Book (P/B) ratio in mrq is 0.25. Its current Enterprise Value per Revenue stands at 2.22 whereas that against EBITDA is 15.866.
Stock Price History:
Over the past 52 weeks, DHC has reached a high of $3.96, while it has fallen to a 52-week low of $0.83. The 50-Day Moving Average of the stock is -10.94%, while the 200-Day Moving Average is calculated to be -10.11%.
Shares Statistics:
For the past three months, DHC has traded an average of 1.11M shares per day and 646000 over the past ten days. A total of 240.42M shares are outstanding, with a floating share count of 215.61M. Insiders hold about 10.32% of the company’s shares, while institutions hold 76.01% stake in the company. Shares short for DHC as of 1713139200 were 7151290 with a Short Ratio of 6.46, compared to 1710460800 on 7857782. Therefore, it implies a Short% of Shares Outstanding of 7151290 and a Short% of Float of 3.3000000000000003.
Dividends & Splits
According to the company, the forward annual dividend rate for DHC is 0.04, from 0.04 in the trailing year. Against a Trailing Annual Dividend Yield of 0.015625The stock’s 5-year Average Dividend Yield is 4.91.
