Washington Prime Group Inc. (WPG) is priced at $1.96 after the most recent trading session. At the very opening of the session, the stock price was $2.07 and reached a high price of $2.21, prior to closing the session it reached the value of $2.09. The stock touched a low price of $1.94.
Recently in News on May 10, 2021, Washington Prime Group Announces First Quarter 2021 Results. Washington Prime Group Inc. (NYSE: WPG) today reported financial and operating results for the first quarter ended March 31, 2021. The Company’s financial statements have been prepared assuming that the Company will continue as a going concern. The Company’s management has stated that there exists substantial doubt about the Company’s ability to continue as a going concern as defined by generally accepted accounting principles. You can read further details here
Washington Prime Group Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $16.5499 on 01/27/21, with the lowest value was $1.6900 for the same time period, recorded on 03/05/21.
Washington Prime Group Inc. (WPG) full year performance was -68.66%
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, Washington Prime Group Inc. shares are logging -88.83% during the 52-week period from high price, and 15.98% 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 $1.69 and $17.55.
The company’s shares, operating in the sector of Real Estate managed to top a trading volume set approximately around 3013692 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 Washington Prime Group Inc. (WPG) recorded performance in the market was -69.89%, having the revenues showcasing -82.44% 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 45.82M, as it employees total of 773 workers.
The Analysts eye on Washington Prime Group Inc. (WPG)
During the last month, 0 analysts gave the Washington Prime Group 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 5.9114, with a change in the price was noted -7.4900. In a similar fashion, Washington Prime Group Inc. posted a movement of -79.26% for the period of last 100 days, recording 1,997,823 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 WPG is recording 9.29 at the time of this writing. In addition, long term Debt to Equity ratio is set at 9.29.
Technical rundown of Washington Prime Group Inc. (WPG)
Raw Stochastic average of Washington Prime Group Inc. in the period of last 50 days is set at 5.53%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 3.12%. In the last 20 days, the company’s Stochastic %K was 23.19% and its Stochastic %D was recorded 31.24%.
Considering, the past performance of Washington Prime Group Inc., multiple 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 -69.89%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -61.10%, alongside a downfall of -68.66% for the period of the last 12 months. The shares increased approximately by -14.04% in the 7-day charts and went down by -5.31% in the period of the last 30 days. Common stock shares were lifted by -82.44% during last recorded quarter.