First Industrial Realty Trust Inc. (NYSE:FR) Relative Strength Index (RSI) is 49.90, with weekly volatility at 1.93% and ATR at 0.95. The FR stock’s 52-week price range has touched low of $25.89 and a $45.93 high. Intraday shares traded counted 0.46 million, which was 41.5% higher than its 30-day average trading volume of 792.52K. Its shares traded lower over the last trading session, losing -0.09% on 02/19/21. The shares fell to a low of $42.16 before closing at $42.35. FR’s previous close was $42.39 while the outstanding shares total 128.93M. The firm has a beta of 0.85, a 12-month trailing P/E ratio of 27.73, and a growth ratio of 2.77.
Investors have identified the REIT – Industrial company First Industrial Realty Trust 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 $5.47 billion, 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 1.99 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 FR sounds very interesting.
Is the stock of FR attractive?
In related news, Chief Investment Officer, YAP JOHANNSON L sold 25,000 shares of the company’s stock in a transaction that recorded on Feb 16. The sale was performed at an average price of 43.34, for a total value of 1,083,500. As the sale deal closes, the Director, RAU JOHN now sold 43,261 shares of the company’s stock, valued at 1,850,706. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.50%.
5 out of 10 analysts covering the stock have rated it a Buy, while 1 have maintained a Hold recommendation on First Industrial Realty Trust Inc.. 3 analysts has assigned a Sell rating on the FR stock. The 12-month mean consensus price target for the company’s shares has been set at $46.00.