Broadstone Net Lease Inc. (NYSE:BNL) shares traded higher over the last trading session, gaining 0.73% on 05/25/21. The shares fell to a low of $21.80 before closing at $21.99. Intraday shares traded counted 2.7 million, which was -207.77% lower than its 30-day average trading volume of 877.93K. BNL’s previous close was $21.83 while the outstanding shares total 145.34M. The firm has a 12-month trailing P/E ratio of 49.86. The stock’s Relative Strength Index (RSI) is 83.97, with weekly volatility at 2.10% and ATR at 0.46. The BNL stock’s 52-week price range has touched low of $15.90 and a $22.08 high.
Investors have identified the REIT – Diversified company Broadstone Net Lease 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 $3.19 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 1.51 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 BNL sounds very interesting.
Is the stock of BNL attractive?
In related news, SVP – Acquisitions, Pickney Roderick sold 3,000 shares of the company’s stock in a transaction that recorded on May 14. The sale was performed at an average price of 20.76, for a total value of 62,280. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.70%.
5 out of 7 analysts covering the stock have rated it a Buy, while 1 have maintained a Hold recommendation on Broadstone Net Lease Inc.. 0 analysts has assigned a Sell rating on the BNL stock. The 12-month mean consensus price target for the company’s shares has been set at $20.83.