For the readers interested in the stock health of National Storage Affiliates Trust (NSA). It is currently valued at $52.65. When the transactions were called off in the previous session, Stock hit the highs of $53.49, after setting-off with the price of $52.47. Company’s stock value dipped to $52.315 during the trading on the day. When the trading was stopped its value was $53.30.
Recently in News on July 21, 2021, National Storage Affiliates Trust Announces Pricing of Upsized Public Offering of Common Shares. National Storage Affiliates Trust (the “Company”) (NYSE: NSA) today announced the pricing of its previously announced underwritten public offering of 8,000,000 common shares of beneficial interest of the Company at a public offering price of $51.25 per share. The offering was upsized from 8,000,000 common shares to 8,800,000 common shares for total gross proceeds of $451.0 million. The Company has also granted the underwriters a 30-day option to purchase up to an additional 1,320,000 common shares at the public offering price, less underwriting discounts. You can read further details here
National Storage Affiliates Trust had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $53.98 on 07/16/21, with the lowest value was $33.79 for the same time period, recorded on 01/05/21.
National Storage Affiliates Trust (NSA) full year performance was 81.29%
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, National Storage Affiliates Trust shares are logging -2.46% during the 52-week period from high price, and 82.31% 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 $28.88 and $53.98.
The company’s shares, operating in the sector of Real Estate managed to top a trading volume set approximately around 2306102 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 National Storage Affiliates Trust (NSA) recorded performance in the market was 47.93%, having the revenues showcasing 21.66% 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 4.09B, as it employees total of 924 workers.
Analysts verdict on National Storage Affiliates Trust (NSA)
During the last month, 0 analysts gave the National Storage Affiliates Trust 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 45.26, with a change in the price was noted +13.27. In a similar fashion, National Storage Affiliates Trust posted a movement of +34.42% for the period of last 100 days, recording 758,636 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 NSA is recording 2.23 at the time of this writing. In addition, long term Debt to Equity ratio is set at 2.23.
National Storage Affiliates Trust (NSA): Technical Analysis
Raw Stochastic average of National Storage Affiliates Trust in the period of last 50 days is set at 83.22%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 43.13%. In the last 20 days, the company’s Stochastic %K was 62.53% and its Stochastic %D was recorded 73.55%.
Let’s take a glance in the erstwhile performances of National Storage Affiliates Trust, 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 47.93%. Additionally, trading for the stock in the period of the last six months notably improved by 46.19%, alongside a boost of 81.29% for the period of the last 12 months. The shares increased approximately by 1.10% in the 7-day charts and went down by 8.47% in the period of the last 30 days. Common stock shares were driven by 21.66% during last recorded quarter.