Pennsylvania Real Estate Investment Trust [NYSE:PEI] is flashing a current price of $0.64. On Thursday, the company’s daily low is at $0.6022 as the high is reaching $0.63.
The price per sales of 0.17. The company is also booking -0.70 earnings per share.
PEI’s next earning date is 11/03/2020. The company has price per sales of 0.17. The company is also booking -0.70 earnings per share.
The Price is right
Holding a Market Cap of $50.62 million, Pennsylvania Real Estate Investment Trust has seen a trading range over the last year of $0.51-$6.41.
For the last five days, PEI is up from its last closing price. The average shares trading hands each day is 1.48M, with average 10-day volume coming in at 1.4 million.
Using a Force Index Indicator is a good way to look at how strong actual buying and selling pressure is for PEI. When we apply the Elder Force Index to Pennsylvania Real Estate Investment Trust, we are seeing an Elder Force Indicator number of 18940.38.
The company’s enterprise value has gone from $1.84B to $1.76B quarter-over-quarter. Obviously, the company is heading in the wrong direction, but there are still opportunities for growth in the sector.
In the last quarter, PEI made a profit of -14.73 million. Pennsylvania Real Estate Investment Trust also saw quarter revenue growth year over year of -8.50%. In addition, the company has operating cash flow of $45.32 million.
Looking at popular technical indicators, the company’s 5-day moving average is 0.5945 compared to the 50-day moving average of 0.7963. So, traders might want to tread carefully if they are going to bid.
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. PEI currently holds a 9-day RSI of 53.26%, while 100-day RSI stands at 41.21%.
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. PEI’s 9-day MACD is 0.0411 and the company’s 100-day MACD stands at -0.5106.
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 17.10% by insiders and 64.25% by institutions. Regarding institutional holdings, Vanguard Group, Inc. (The) owns 10.30%, while the second top holder, Blackrock Inc., currently owns 8.40%.
Overall, the recommended rating for PEI is Hold. Currently, the company has 1 analysts watching the stock, and the average quarterly earnings estimate is -0.36. Quarterly revenue estimates are averaging 68M with the high estimate reaching 68M and the low at 68M.