Equity Commonwealth (EQC) concluded trading on Wednesday at a closing price of $20.37, with 4.22 million shares of worth about $85.9 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 5.43% during that period and on July 31, 2024 the price saw a gain of about 2.16%. Currently the company’s common shares owned by public are about 106.85M shares, out of which, 105.08M shares are available for trading.
Stock saw a price change of 5.11% in past 5 days and over the past one month there was a price change of 6.15%. Year-to-date (YTD), EQC shares are showing a performance of 6.09% which increased to 3.98% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $17.93 but also hit the highest price of $21.00 during that period. The average intraday trading volume for Equity Commonwealth shares is 826.00K. The stock is currently trading 5.08% above its 20-day simple moving average (SMA20), while that difference is up 5.36% for SMA50 and it goes to 6.98% higher than SMA200.
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Equity Commonwealth (NYSE: EQC) currently have 106.85M outstanding shares and institutions hold larger chunk of about 97.13% of that.
The stock has a current market capitalization of $2.19B and its 3Y-monthly beta is at 0.27. PE ratio of stock for trailing 12 months is 23.51, while it has posted earnings per share of $0.87 in the same period. It has a debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for EQC, volatility over the week remained 1.25% while standing at 1.52% over the month.
EPS is likely to grow at an annualized rate of -2.00% for next 5-years, compared to annual growth of -18.86% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on October 04, 2021 offering an Underperform rating for the stock and assigned a target price of $28 to it. Coverage by BofA Securities stated Equity Commonwealth (EQC) stock as a Neutral in their note to investors on May 07, 2021, suggesting a price target of $29 for the stock. On August 14, 2019, JMP Securities Downgrade their recommendations, while on August 01, 2018, Stifel Downgrade their ratings for the stock with a price target of $34. Stock get a Buy rating from Stifel on February 16, 2018.
