Market Insights: Equity Commonwealth (EQC)’s Notable Drop of -1.73, Closing at 1.70

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As of close of business last night, Equity Commonwealth’s stock clocked out at $1.70, down -1.73% from its previous closing price of $1.73. In other words, the price has decreased by -$1.73 from its previous closing price. On the day, 0.64 million shares were traded. EQC stock price reached its highest trading level at $1.745 during the session, while it also had its lowest trading level at $1.68.

Ratios:

To gain a deeper understanding of EQC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.65. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

On May 07, 2021, BofA Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $32 to $29.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 06 ’24 when Levy Andrew sold 2,409 shares for $18.71 per share. The transaction valued at 45,072 led to the insider holds 2,305 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, EQC now has a Market Capitalization of 182845200 and an Enterprise Value of -1916732160. As of this moment, Equity’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.42. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.12 while its Price-to-Book (P/B) ratio in mrq is 0.08. Its current Enterprise Value per Revenue stands at -32.802 whereas that against EBITDA is 154.625.

Stock Price History:

The Beta on a monthly basis for EQC is 0.21, which has changed by -0.9086107 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, EQC has reached a high of $1.88, while it has fallen to a 52-week low of $1.22. The 50-Day Moving Average of the stock is 5.07%, while the 200-Day Moving Average is calculated to be 20.76%.

Shares Statistics:

It appears that EQC traded 25.69M shares on average per day over the past three months and 940930 shares per day over the past ten days. A total of 107.33M shares are outstanding, with a floating share count of 101.09M. Insiders hold about 5.81% of the company’s shares, while institutions hold 90.82% stake in the company. Shares short for EQC as of 1736899200 were 2246157 with a Short Ratio of 0.09, compared to 1734048000 on 6012316. Therefore, it implies a Short% of Shares Outstanding of 2246157 and a Short% of Float of 2.8900001.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 7.09. The current Payout Ratio is 0.00% for EQC, which recently paid a dividend on 2024-12-09 with an ex-dividend date of 1733702400. Stock splits for the company last occurred on 2010-07-01 when the company split stock in a 1:4 ratio.

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