Brixmor Property Group Inc. (NYSE:BRX) shares traded lower over the last trading session, losing -0.29% on 04/07/21. The shares fell to a low of $20.34 before closing at $20.62. Intraday shares traded counted 1.19 million, which was 52.85% higher than its 30-day average trading volume of 2.53M. BRX’s previous close was $20.68 while the outstanding shares total 296.94M. The firm has a beta of 1.66, a 12-month trailing P/E ratio of 50.79. The stock’s Relative Strength Index (RSI) is 55.30, with weekly volatility at 2.43% and ATR at 0.66. The BRX stock’s 52-week price range has touched low of $8.30 and a $21.33 high.
Investors have identified the REIT – Retail company Brixmor Property Group 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 $6.02 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 1.76 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 BRX sounds very interesting.
Is the stock of BRX attractive?
In related news, See Remarks, SIEGEL STEVEN F sold 7,500 shares of the company’s stock in a transaction that recorded on Feb 24. The sale was performed at an average price of 20.46, for a total value of 153,450. As the sale deal closes, the EVP, Chief Financial Officer, Aman Angela M now sold 7,500 shares of the company’s stock, valued at 150,000. Also, EVP, Chief Financial Officer, Aman Angela M sold 3,500 shares of the company’s stock in a deal that was recorded on Jan 28. The shares were price at an average price of 18.00 per share, with a total market value of 63,000. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.50%.
3 out of 16 analysts covering the stock have rated it a Buy, while 12 have maintained a Hold recommendation on Brixmor Property Group Inc.. 1 analysts has assigned a Sell rating on the BRX stock. The 12-month mean consensus price target for the company’s shares has been set at $20.47.