Equity Commonwealth (NYSE: EQC) Is Getting Increasingly Hard To Ignore

Currently, there are 107.33M common shares owned by the public and among those 100.99M shares have been available to trade.

The company’s stock has a 5-day price change of 4.17% and 27.84% over the past three months. EQC shares are trading -1.13% year to date (YTD), with the 12-month market performance up to 36.47% higher. It has a 12-month low price of $1.22 and touched a high of $1.88 over the same period. EQC has an average intraday trading volume of 22.77 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 2.16%, 4.61%, and 22.75% respectively.

Institutional ownership of Equity Commonwealth (NYSE: EQC) shares accounts for 86.91% of the company’s 107.33M shares outstanding.

It has a market capitalization of $187.83M and a beta (3y monthly) value of 0.20. The stock’s trailing 12-month PE ratio is 4.55, while the earnings-per-share (ttm) stands at $0.39. The company has a debt-to-equity ratio at 0.00. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.01% over the week and 3.15% over the month.

Analysts forecast that Equity Commonwealth (EQC) will achieve an EPS of 0 for the current quarter, 0 for the next quarter and 0 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0 while analysts give the company a high EPS estimate of 0.

Looking at the support for the EQC, a number of firms have released research notes about the stock. BofA Securities stated their Underperform rating for the stock in a research note on October 04, 2021, with the firm’s price target at $28. BofA Securities coverage for the Equity Commonwealth (EQC) stock in a research note released on May 07, 2021 offered a Neutral rating with a price target of $29. JMP Securities was of a view on August 14, 2019 that the stock is Mkt Perform, while Stifel gave the stock Hold rating on August 01, 2018, issuing a price target of $34. Stifel on their part issued Buy rating on February 16, 2018.

Most Popular

Related Posts