Sachem Capital Corp. (AMEX:SACH) shares traded lower over the last trading session, losing -2.96% on 06/17/21. The shares fell to a low of $5.17 before closing at $5.24. Intraday shares traded counted 0.47 million, which was -62.02% lower than its 30-day average trading volume of 288.49K. SACH’s previous close was $5.40 while the outstanding shares total 22.14M. The stock’s Relative Strength Index (RSI) is 53.40, with weekly volatility at 2.98% and ATR at 0.11. The SACH stock’s 52-week price range has touched low of $2.75 and a $5.68 high.
Investors have identified the REIT – Mortgage company Sachem Capital Corp. 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 $126.55 million, 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.
Sachem Capital Corp. (SACH) Fundamentals that are to be considered.
SACH were able to record 2.75 million as free cash flow during the 08/16/2021 quarter of the year, this saw their quarterly net cash flow reduce by -1.06 million. In cash movements, the company had a total of 2.79 million as operating cash flow.
Having a look at the company’s valuation, the company is expected to record 0.48 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 SACH sounds very interesting.
Is the stock of SACH attractive?
In related news, Director, Prinz Brian A bought 857 shares of the company’s stock in a transaction that recorded on Apr 27. The purchase was performed at an average price of 5.19, for a total value of 4,448. As the purchase deal closes, the Director, Prinz Brian A now bought 849 shares of the company’s stock, valued at 4,317. Also, Director, Bernhard Leslie sold 3,015 shares of the company’s stock in a deal that was recorded on Nov 19. The shares were cost at an average price of 4.09 per share, with a total market value of 12,322. Following this completion of disposal, the Director, Prinz Brian A now holds 1,517 shares of the company’s stock, valued at 6,170. In the last 6 months, insiders have changed their ownership in shares of company stock by 7.00%.
3 out of 3 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on Sachem Capital Corp.. 0 analysts has assigned a Sell rating on the SACH stock. The 12-month mean consensus price target for the company’s shares has been set at $6.75.