Spirit Realty Capital Inc. (SRC) is priced at $49.39 after the most recent trading session. At the very opening of the session, the stock price was $49.43 and reached a high price of $49.94, prior to closing the session it reached the value of $49.55. The stock touched a low price of $49.33.Recently in News on January 13, 2022, Spirit Realty Capital, Inc. Announces Pricing of an Upsized Public Offering of 8,200,000 Shares of Common Stock. Spirit Realty Capital, Inc. (NYSE: SRC) (“Spirit” or the “Company”), a premier net lease real estate investment trust (“REIT”) that invests in single-tenant, operationally essential real estate, today announced that it has priced an underwritten public offering of 8,200,000 shares of its common stock, all of which are being offered in connection with the forward sale agreement described below, at a public offering price of $47.60 per share. You can read further details here
Spirit Realty Capital 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 $49.94 on 01/13/22, with the lowest value was $47.31 for the same time period, recorded on 01/10/22.
Spirit Realty Capital Inc. (SRC) full year performance was 31.43%
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, Spirit Realty Capital Inc. shares are logging -5.55% during the 52-week period from high price, and 33.67% 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 $36.95 and $52.29.
The company’s shares, operating in the sector of Real Estate managed to top a trading volume set approximately around 1462441 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 Spirit Realty Capital Inc. (SRC) recorded performance in the market was 2.82%, having the revenues showcasing 2.38% 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 6.13B, as it employees total of 82 workers.
Spirit Realty Capital Inc. (SRC) in the eye of market guru’s
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 48.31, with a change in the price was noted -0.34. In a similar fashion, Spirit Realty Capital Inc. posted a movement of -0.69% for the period of last 100 days, recording 767,025 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 SRC is recording 0.75 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.75.
Spirit Realty Capital Inc. (SRC): Stocks Technical analysis and Trends
Raw Stochastic average of Spirit Realty Capital Inc. in the period of last 50 days is set at 84.42%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 86.73%. In the last 20 days, the company’s Stochastic %K was 91.75% and its Stochastic %D was recorded 91.25%.
If we look into the earlier routines of Spirit Realty Capital 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 2.82%. Additionally, trading for the stock in the period of the last six months notably improved by 2.16%, alongside a boost of 31.43% for the period of the last 12 months. The shares increased approximately by 2.48% in the 7-day charts and went down by 5.00% in the period of the last 30 days. Common stock shares were driven by 2.38% during last recorded quarter.