UMH Properties Inc. (NYSE:UMH) shares traded lower over the last trading session, losing -3.95% on 02/12/21. The shares fell to a low of $16.44 before closing at $16.53. Intraday shares traded counted 0.18 million, which was -1.42% lower than its 30-day average trading volume of 174.07K. UMH’s previous close was $17.21 while the outstanding shares total 41.42M. The firm has a beta of 1.09. The stock’s Relative Strength Index (RSI) is 61.77, with weekly volatility at 2.51% and ATR at 0.45. The UMH stock’s 52-week price range has touched low of $8.63 and a $17.24 high.
Investors have identified the REIT – Residential company UMH Properties Inc. 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 $717.73 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 0.87 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 UMH sounds very interesting.
Is the stock of UMH attractive?
In related news, Director, Mitchell William Edward bought 345 shares of the company’s stock in a transaction that recorded on Jan 15. The purchase was performed at an average price of 14.50, for a total value of 5,000. As the purchase deal closes, the Director, Carus Jeffrey A now bought 67 shares of the company’s stock, valued at 1,000. Also, Director, QUIGLEY KENNETH K JR bought 167 shares of the company’s stock in a deal that was recorded on Dec 15. The shares were cost at an average price of 15.00 per share, with a total market value of 2,500. Following this completion of disposal, the Director, Mitchell William Edward now holds 333 shares of the company’s stock, valued at 5,000. In the last 6 months, insiders have changed their ownership in shares of company stock by 8.70%.
6 out of 6 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on UMH Properties Inc.. 0 analysts has assigned a Sell rating on the UMH stock. The 12-month mean consensus price target for the company’s shares has been set at $17.67.