Stock Surge: Seritage Growth Properties (SRG) Closes at 4.48, Marking a -0.44 Increase/Decrease

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In the latest session, Seritage Growth Properties (NYSE: SRG) closed at $4.48 down -0.44% from its previous closing price of $4.50. In other words, the price has decreased by -$0.44 from its previous closing price. On the day, 1.24 million shares were traded. SRG stock price reached its highest trading level at $4.52 during the session, while it also had its lowest trading level at $4.34.

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 2.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.36. In the meantime, Its Debt-to-Equity ratio is 0.64 whereas as Long-Term Debt/Eq ratio is at 0.64.

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.

LAMPERT EDWARD S sold 25,655 shares of SRG for $250,288 on Apr 01 ’24. The 10% Owner now owns 13,484,162 shares after completing the transaction at $9.76 per share. On Feb 27 ’24, another insider, LAMPERT EDWARD S, who serves as the 10% Owner of the company, sold 20,694 shares for $9.60 each. As a result, the insider received 198,681 and left with 13,516,264 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, SRG now has a Market Capitalization of 252081984 and an Enterprise Value of 446633056. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.50 while its Price-to-Book (P/B) ratio in mrq is 0.57. Its current Enterprise Value per Revenue stands at 7.566 whereas that against EBITDA is -335.31.

Stock Price History:

Over the past 52 weeks, SRG has reached a high of $9.87, while it has fallen to a 52-week low of $3.63. The 50-Day Moving Average of the stock is -3.55%, while the 200-Day Moving Average is calculated to be -38.58%.

Shares Statistics:

For the past three months, SRG has traded an average of 449.85K shares per day and 303920 over the past ten days. A total of 56.19M shares are outstanding, with a floating share count of 36.23M. Insiders hold about 35.61% of the company’s shares, while institutions hold 55.75% stake in the company. Shares short for SRG as of 1724976000 were 6451118 with a Short Ratio of 14.13, compared to 1722384000 on 6213816. Therefore, it implies a Short% of Shares Outstanding of 6451118 and a Short% of Float of 15.17.

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

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