Let’s start up with the current stock price of Apartment Investment and Management Company (AIV), which is $36.57 to be very precise. The Stock rose vividly during the last session to $37.98 after opening rate of $37.42 while the lowest price it went was recorded $36.54 before closing at $37.48.
Recently in News on September 14, 2020, Aimco Announces the Formation of Apartment Income REIT, a Self-managed $10 Billion REIT, and the Closing of a $2.4 Billion Joint Venture.. APARTMENT INVESTMENT AND MANAGEMENT COMPANY (NYSE:AIV) (“Aimco”) announced today its plan to separate its business into two, separate and distinct, publicly traded companies, Apartment Income REIT (“AIR”) and Aimco. AIR, a newly formed, self-managed real estate investment trust will provide a simple and transparent way to invest in the multi-family sector: ownership with public market liquidity of a diversified portfolio of apartment communities, with low financial leverage, limited execution risk, best-in-class operations, and sector low management costs. Aimco will retain its growing business of developing and redeveloping apartment communities while also pursuing other accretive transactions. You can read further details here
Apartment Investment and Management Company had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $55.68 on 02/21/20, with the lowest value was $24.53 for the same time period, recorded on 03/24/20.
Apartment Investment and Management Company (AIV) full year performance was -29.09%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Apartment Investment and Management Company shares are logging -34.32% during the 52-week period from high price, and 49.08% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $24.53 and $55.68.
The company’s shares, operating in the sector of Real Estate managed to top a trading volume set approximately around 1676272 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Apartment Investment and Management Company (AIV) recorded performance in the market was -29.20%, having the revenues showcasing -9.73% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 5.54B, as it employees total of 950 workers.
Market experts do have their say about Apartment Investment and Management Company (AIV)
During the last month, 4 analysts gave the Apartment Investment and Management Company a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 5 analysts were recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 1 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 37.18, with a change in the price was noted +1.43. In a similar fashion, Apartment Investment and Management Company posted a movement of +4.07% for the period of last 100 days, recording 1,203,749 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for AIV is recording 2.88 at the time of this writing. In addition, long term Debt to Equity ratio is set at 2.68.
Technical breakdown of Apartment Investment and Management Company (AIV)
Raw Stochastic average of Apartment Investment and Management Company in the period of last 50 days is set at 47.47%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 58.70%. In the last 20 days, the company’s Stochastic %K was 52.54% and its Stochastic %D was recorded 42.42%.
Bearing in mind the latest performance of Apartment Investment and Management Company, several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -29.20%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -2.09%, alongside a downfall of -29.09% for the period of the last 12 months. The shares increased approximately by -0.62% in the 7-day charts and went down by -0.11% in the period of the last 30 days. Common stock shares were lifted by -9.73% during last recorded quarter.