On Wednesday, RPT Realty [NYSE:RPT] has a current price of $5.58, coming out to a daily percentage change of -2.96% with a 52-week range of $4.61 – $15.18.
Other data for the company is as follows:
- Stochastic %K of 62.94
- Weighted Alpha of -66.9
Analysts have the price target for RPT Realty [RPT] at 6.70. Daily swings are between $5.51 and $5.89.
The Bears are coming
Holding a Market Cap of $434.85 million, RPT Realty has seen a trading range over the last year of $4.61-$15.18.
For the last five days, RPT is up from its last closing price. The average shares trading hands each day is 560.51K.
Using a Force Index Indicator is a good way to look at how strong actual buying and selling pressure is for RPT. When we apply the Elder Force Index to RPT Realty, we are seeing an Elder Force Indicator number of -183881.01.
In the last quarter, RPT made a profit of 6.38 million. RPT Realty also saw quarter revenue growth year over year of -10.12%.
Looking at popular technical indicators, the company’s 5-day moving average is 5.75 compared to the 50-day moving average of 2.04%. So, we are clearly seeing an upward trajectory here.
The Relative Strength Index or RSI is an indicator ranging between 0 and 100 that traders use to determine if a stock is “overbought” or “oversold.” A strong uptrend tending to reach into the “overbought” status is above 70, while a downward trend will stay around the 30 mark. RPT currently holds a 9-day RSI of 46.09%, while 100-day RSI stands at 44.80%.
Another indicator we believe is worth keeping tabs on is the Moving Average Convergence Divergence or MACD. Similar to the concept of the Force Index — on the basis of price momentum — the MACD gives traders a tool to measure the turning point of a stock even during rapid fluctuations in price. Buy and sell signals are determined by a stock’s relation to the zero line, so if a stock is above a zero line for many weeks it might be a “buy.” On the other hand, if a stock is below the zero line consistently, it might be one to stay away from. Also, if the MACD line reaches a peak and dips, its momentum may be waning. RPT’s 9-day MACD is 0.09 and the company’s 100-day MACD stands at -0.64.
Another area that is important to analyze is insider moves and majority shareholders. While this is not always an error-free way to tell what the future holds for a stock, you can maybe gather important information from reading the tea leaves about who is buying and selling.
The major holders for this stock are 0.99% by insiders and 105.31% by institutions.
Over the last six months, insiders have bought 4,000 with the most recent transaction from SHAHON LAURIE M, Director, with a purchase at price 5.01 per share.
Overall, the recommended rating for RPT is Hold. Currently, the company has 6 analysts watching the stock, and the average quarterly earnings estimate is -0.05. Quarterly revenue estimates are averaging 42.85M with the high estimate reaching 48.05M and the low at 35.23M.
To review, the current 1-year target estimate is sitting at 6.70, while the current price 5.58. Based on this, we expect the stock to rise considering the aforementioned fundamentals.