The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -0.07%.However, over the last six months, we can see a stronger performance of -5.68%. Over the last 30 days, the price of EQR has leaped by -4.61%. And in the last five days, it has fallen by -4.05%.
At present, Equity Residential (EQR) has a stock price of $58.96. In the previous session, the stock saw a rise, peaking at $60.03 after an opening price of $59.87. The day’s lowest price was $58.86, and it closed at $59.47.
Unlock the Hottest Top 10 Penny Stocks Today! Discover Now
Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.
Gain Access to Top 10 Penny Stocks Now!.
Equity Residential’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $80.89 on 08/18/22 and a low of $54.60 for the same time frame on 03/24/23.
52-week price history of EQR Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Equity Residential’s current trading price is -27.11% away from its 52-week high, while its distance from the 52-week low is 7.99%. The stock’s price range during this period has varied between$54.60 and $80.89. The Equity Residential’s shares, which operate in the Real Estate, saw a trading volume of around 0.55 million for the day, a figure considerably lower than their average daily volume of 1.72 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Equity Residential (EQR) has experienced a quarterly decline of -6.13% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 22.49B and boasts a workforce of 2400 employees.
Equity Residential: Analysts’ Ratings Unveiled
As of right now, 8 analysts are rating Equity Residential as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 16 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 2 analysts are rating the stock as SELL.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 61.38, with a change in price of +0.11. Similarly, Equity Residential recorded 2,044,878 in trading volume during the last 100 days, posting a change of +0.19%.
EQR’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for EQR stands at 0.66. Similarly, the long-term debt-to-equity ratio is also 0.66.
EQR Stock Stochastic Average
As of today, Equity Residential’s raw stochastic average for the last 50 days stands at 46.38%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 11.29%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 8.04% and 13.74%, respectively.