UDR Inc. (NYSE:UDR) shares traded lower over the last trading session, losing -1.19% on 05/04/21. The shares fell to a low of $45.27 before closing at $45.57. Intraday shares traded counted 2.41 million, which was -23.41% lower than its 30-day average trading volume of 1.95M. UDR’s previous close was $46.12 while the outstanding shares total 296.54M. The firm has a beta of 0.72, a 12-month trailing P/E ratio of 232.50. The stock’s Relative Strength Index (RSI) is 52.89, with weekly volatility at 2.17% and ATR at 0.85. The UDR stock’s 52-week price range has touched low of $29.34 and a $47.28 high.
Investors have identified the REIT – Residential company UDR 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 $13.40 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 2.09 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 UDR sounds very interesting.
Is the stock of UDR attractive?
In related news, Chairman and CEO, TOOMEY THOMAS W sold 10,000 shares of the company’s stock in a transaction that recorded on Apr 07. The sale was performed at an average price of 44.40, for a total value of 444,010. As the sale deal closes, the Chairman and CEO, TOOMEY THOMAS W now sold 40,000 shares of the company’s stock, valued at 1,821,103. Also, SVP-Chief Investment Officer, ALCOCK HARRY G sold 15,000 shares of the company’s stock in a deal that was recorded on Mar 15. The shares were price at an average price of 45.34 per share, with a total market value of 680,172. Following this completion of acquisition, the Chairman and CEO, TOOMEY THOMAS W now holds 120,000 shares of the company’s stock, valued at 4,656,816. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.60%.
8 out of 20 analysts covering the stock have rated it a Buy, while 11 have maintained a Hold recommendation on UDR Inc.. 0 analysts has assigned a Sell rating on the UDR stock. The 12-month mean consensus price target for the company’s shares has been set at $46.00.