AvalonBay Communities Inc. (NYSE:AVB) Relative Strength Index (RSI) is 63.74, with weekly volatility at 1.82% and ATR at 3.18. The AVB stock’s 52-week price range has touched low of $131.38 and a $199.48 high. Intraday shares traded counted 0.93 million, which was -20.99% lower than its 30-day average trading volume of 765.85K. Its shares traded higher over the last trading session, gaining 0.37% on 05/18/21. The shares fell to a low of $197.08 before closing at $199.00. AVB’s previous close was $198.27 while the outstanding shares total 139.29M. The firm has a beta of 0.94, a 12-month trailing P/E ratio of 34.81, and a growth ratio of 13.71.
Investors have identified the REIT – Residential company AvalonBay Communities 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 $27.58 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 8.34 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 AVB sounds very interesting.
Is the stock of AVB attractive?
In related news, Director, WALTER W EDWARD sold 1 shares of the company’s stock in a transaction that recorded on Nov 16. The sale was performed at an average price of 173.35, for a total value of 168. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.30%.
8 out of 22 analysts covering the stock have rated it a Buy, while 13 have maintained a Hold recommendation on AvalonBay Communities Inc.. 1 analysts has assigned a Sell rating on the AVB stock. The 12-month mean consensus price target for the company’s shares has been set at $192.45.