Are Investors Unfairly Punishing Sachem Capital Corp. (AMEX:SACH)?

Sachem Capital Corp. (AMEX:SACH) shares fell to a low of $4.67 before closing at $4.67. Intraday shares traded counted 0.16 million, which was -46.4% lower than its 30-day average trading volume of 107.16K. SACH’s previous close was $4.68 while the outstanding shares total 22.12M. The firm has a beta of 1.38, a 12-month trailing P/E ratio of 13.82. The stock’s Relative Strength Index (RSI) is 71.94, with weekly volatility at 2.18% and ATR at 0.10. The SACH stock’s 52-week price range has touched low of $1.20 and a $4.70 high. The stock traded lower over the last trading session, losing -0.21% on 02/11/21.

Investors have identified the REIT – Mortgage company Sachem Capital Corp. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $103.53 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Having a look at the company’s valuation, the company is expected to record 0.46 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on SACH sounds very interesting.

Is the stock of SACH attractive?

In related news, Director, Bernhard Leslie sold 3,015 shares of the company’s stock in a transaction that recorded on Nov 19. The sale was performed at an average price of 4.09, for a total value of 12,322. As the sale deal closes, the Director, Prinz Brian A now bought 1,517 shares of the company’s stock, valued at 6,170. Also, Director, Prinz Brian A bought 1,184 shares of the company’s stock in a deal that was recorded on Aug 07. The shares were price at an average price of 3.42 per share, with a total market value of 4,049. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.70%.

2 out of 2 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on Sachem Capital Corp.. 0 analysts has assigned a Sell rating on the SACH stock. The 12-month mean consensus price target for the company’s shares has been set at $4.75.

LEAVE A REPLY

Please enter your comment!
Please enter your name here