Innovative Industrial Properties Inc. (IIPR) is priced at $155.87 after the most recent trading session. At the very opening of the session, the stock price was $141.29 and reached a high price of $156.42, prior to closing the session it reached the value of $133.58. The stock touched a low price of $140.292.
Recently in News on November 4, 2020, Innovative Industrial Properties Reports Third Quarter 2020 Results. Investments Drive 197% Q3 Total Revenues, 205% Q3 Net Income and 192% Q3 AFFO Growth Year-over-Year. You can read further details here
Innovative Industrial Properties Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $156.42 on 11/05/20, with the lowest value was $40.21 for the same time period, recorded on 03/18/20.
Innovative Industrial Properties Inc. (IIPR) full year performance was 114.70%
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, Innovative Industrial Properties Inc. shares are logging 14.08% during the 52-week period from high price, and 287.64% 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 $40.21 and $136.63.
The company’s shares, operating in the sector of Real Estate managed to top a trading volume set approximately around 1287535 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 Innovative Industrial Properties Inc. (IIPR) recorded performance in the market was 105.44%, having the revenues showcasing 35.98% 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 3.48B, as it employees total of 15 workers.
Innovative Industrial Properties Inc. (IIPR) in the eye of market guru’s
During the last month, 0 analysts gave the Innovative Industrial Properties Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 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 114.19, with a change in the price was noted +57.16. In a similar fashion, Innovative Industrial Properties Inc. posted a movement of +57.91% for the period of last 100 days, recording 433,301 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 IIPR is recording 0.14 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.14.
Innovative Industrial Properties Inc. (IIPR): Stocks Technical analysis and Trends
Raw Stochastic average of Innovative Industrial Properties Inc. in the period of last 50 days is set at 98.85%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 98.75%. In the last 20 days, the company’s Stochastic %K was 76.68% and its Stochastic %D was recorded 56.38%.
If we look into the earlier routines of Innovative Industrial Properties Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 105.44%. Additionally, trading for the stock in the period of the last six months notably improved by 106.42%, alongside a boost of 114.70% for the period of the last 12 months. The shares increased approximately by 29.97% in the 7-day charts and went up by 19.94% in the period of the last 30 days. Common stock shares were driven by 35.98% during last recorded quarter.