Market Update: BrightSpire Capital Inc (BRSP) Sees Negative Movement, Closing at 6.20

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

In the latest session, BrightSpire Capital Inc (NYSE: BRSP) closed at $6.20 down -0.64% from its previous closing price of $6.24. In other words, the price has decreased by -$0.64 from its previous closing price. On the day, 1.41 million shares were traded. BRSP stock price reached its highest trading level at $6.275 during the session, while it also had its lowest trading level at $6.14.

Ratios:

For a deeper understanding of BrightSpire Capital Inc’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 2.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.58. In the meantime, Its Debt-to-Equity ratio is 2.19 whereas as Long-Term Debt/Eq ratio is at 2.10.

BofA Securities Downgraded its Neutral to Underperform on March 04, 2024, while the target price for the stock was maintained at $6.50.

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 Mar 27 ’24 when Palame David A sold 50,000 shares for $6.76 per share. The transaction valued at 338,000 led to the insider holds 347,832 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, BRSP now has a Market Capitalization of 809943168 and an Enterprise Value of 3193347328. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.01 while its Price-to-Book (P/B) ratio in mrq is 0.68. Its current Enterprise Value per Revenue stands at 7.972 whereas that against EBITDA is 18.685.

Stock Price History:

Over the past 52 weeks, BRSP has reached a high of $8.01, while it has fallen to a 52-week low of $5.20. The 50-Day Moving Average of the stock is 2.06%, while the 200-Day Moving Average is calculated to be -5.16%.

Shares Statistics:

For the past three months, BRSP has traded an average of 711.04K shares per day and 754840 over the past ten days. A total of 129.99M shares are outstanding, with a floating share count of 127.77M. Insiders hold about 2.20% of the company’s shares, while institutions hold 56.65% stake in the company. Shares short for BRSP as of 1721001600 were 2891399 with a Short Ratio of 4.07, compared to 1718323200 on 1799063. Therefore, it implies a Short% of Shares Outstanding of 2891399 and a Short% of Float of 2.52.

Dividends & Splits

According to the company, the forward annual dividend rate for BRSP is 0.80, from 0.8 in the trailing year. Against a Trailing Annual Dividend Yield of 0.12820514The stock’s 5-year Average Dividend Yield is 11.2.

Most Popular