Stock Surge: Sachem Capital Corp (SACH) Closes at 2.05, Marking a -9.29 Increase/Decrease

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In the latest session, Sachem Capital Corp (AMEX: SACH) closed at $2.05 down -9.29% from its previous closing price of $2.26. In other words, the price has decreased by -$9.29 from its previous closing price. On the day, 1.67 million shares were traded. SACH stock price reached its highest trading level at $2.24 during the session, while it also had its lowest trading level at $1.94.

Ratios:

For a deeper understanding of Sachem Capital Corp’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 1.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.81. In the meantime, Its Debt-to-Equity ratio is 1.47 whereas as Long-Term Debt/Eq ratio is at 1.13.

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, Alliance Global Partners on March 18, 2024, initiated with a Buy rating and assigned the stock a target price of $4.50.

On April 28, 2022, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $6.Oppenheimer initiated its Outperform rating on April 28, 2022, with a $6 target price.

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 Nov 22 ’23 when Bernhard Leslie sold 2,750 shares for $3.58 per share. The transaction valued at 9,859 led to the insider holds 8,250 shares of the business.

Bernhard Leslie sold 1,900 shares of SACH for $6,821 on Nov 15 ’23. The Director now owns 11,000 shares after completing the transaction at $3.59 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SACH now has a Market Capitalization of 96953312 and an Enterprise Value of 426273440. As of this moment, Sachem’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.91, and their Forward P/E ratio for the next fiscal year is 7.74. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.46 while its Price-to-Book (P/B) ratio in mrq is 0.42. Its current Enterprise Value per Revenue stands at 20.015.

Stock Price History:

Over the past 52 weeks, SACH has reached a high of $4.64, while it has fallen to a 52-week low of $2.22. The 50-Day Moving Average of the stock is -16.44%, while the 200-Day Moving Average is calculated to be -31.47%.

Shares Statistics:

For the past three months, SACH has traded an average of 239.52K shares per day and 216830 over the past ten days. A total of 46.77M shares are outstanding, with a floating share count of 45.17M. Insiders hold about 4.48% of the company’s shares, while institutions hold 20.66% stake in the company. Shares short for SACH as of 1728950400 were 1173423 with a Short Ratio of 4.90, compared to 1726185600 on 1672857. Therefore, it implies a Short% of Shares Outstanding of 1173423 and a Short% of Float of 2.5999999.

Dividends & Splits

According to the company, the forward annual dividend rate for SACH is 0.30, from 0.41 in the trailing year. Against a Trailing Annual Dividend Yield of 0.18141593The stock’s 5-year Average Dividend Yield is 12.72.

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