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Why is Safehold Inc. (SAFE) down -57.38% from the day 1 this year?

Let’s start up with the current stock price of Safehold Inc. (SAFE), which is $30.66 to be very precise. The Stock rose vividly during the last session to $31.45 after opening rate of $31.05 while the lowest price it went was recorded $30.50 before closing at $31.38.Recently in News on November 10, 2022, Safehold Closes First Multifamily Transaction in Salt Lake City, Utah. Safehold Inc. (NYSE: SAFE), the creator and leader of the modern ground lease industry, has closed on a $26.5 million ground lease to facilitate the ground-up development of One Burton, a fully amenitized 180-unit multifamily project located in South Salt Lake’s new downtown district. The Qualified Opportunity Zone project will be developed by a new Safehold customer, ABSTRACT Development Group, an affiliate of a large New York based multifamily real estate owner. You can read further details here

Safehold 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 $80.66 on 01/04/22, with the lowest value was $23.65 for the same time period, recorded on 10/11/22.

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Safehold Inc. (SAFE) full year performance was -57.38%

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, Safehold Inc. shares are logging -61.99% during the 52-week period from high price, and 29.67% 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 $23.65 and $80.66.

The company’s shares, operating in the sector of Real Estate managed to top a trading volume set approximately around 328529 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Safehold Inc. (SAFE) recorded performance in the market was -61.60%, having the revenues showcasing -28.99% 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 1.87B, as it employees total of 143 workers.

The Analysts eye on Safehold Inc. (SAFE)

During the last month, 4 analysts gave the Safehold Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 2 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 34.84, with a change in the price was noted -7.71. In a similar fashion, Safehold Inc. posted a movement of -20.09% for the period of last 100 days, recording 308,568 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 SAFE is recording 1.64 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.64.

Technical rundown of Safehold Inc. (SAFE)

Raw Stochastic average of Safehold Inc. in the period of last 50 days is set at 48.94%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 53.06%. In the last 20 days, the company’s Stochastic %K was 56.53% and its Stochastic %D was recorded 55.96%.

Considering, the past performance of Safehold 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 -61.60%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -28.70%, alongside a downfall of -57.38% for the period of the last 12 months. The shares increased approximately by -0.23% in the 7-day charts and went down by 10.33% in the period of the last 30 days. Common stock shares were lifted by -28.99% during last recorded quarter.

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