Home  »  News   »  NETSTREIT Corp.’s Mixed Bag: Down -9.47% in ...

NETSTREIT Corp.’s Mixed Bag: Down -9.47% in 6 Months, Down -3.00% in 30 Days

NETSTREIT Corp. (NTST) has a current stock price of $16.83. During the previous trading session, the stock witnessed a notable rise, reaching a high of $17.01 after opening at $16.91. The stock’s low for the day was $16.80, and it eventually closed at $16.75.

NETSTREIT Corp. had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $20.64 on 02/02/23, while the lowest price during the same period was $16.74 on 09/06/23.

Top 5 EV Tech Stocks to Buy for 2023

The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".

Click Here to Download the FREE Report.

Sponsored

52-week price history of NTST Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. NETSTREIT Corp.’s current trading price is -18.46% away from its 52-week high, while its distance from the 52-week low is 0.57%. The stock’s price range for this period has remained between $16.74 and $20.64. The Real Estate sector company’s shares managed to surpass a trading volume of around 8.29 million for the day, which was noticeably higher compared to the shares’ average daily volume of 0.64 million over the last three months.

Financial Performance and Market Capitalization

NETSTREIT Corp. (NTST) has experienced a quarterly decline of -8.03% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.13B and boasts a workforce of 30 employees.

Analysts’ Ratings For NETSTREIT Corp.

As of right now, 6 analysts are rating NETSTREIT Corp. as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 4 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 17.67, with a change in price of -0.95. Similarly, NETSTREIT Corp. recorded 679,506 in trading volume during the last 100 days, posting a change of -5.34%.

NTST Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for NTST stands at 0.41. Similarly, the long-term debt-to-equity ratio is also 0.41.

NTST Stock Stochastic Average

As of today, the raw stochastic average of NETSTREIT Corp. over the last 50 days is at 4.39%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 13.97%. Further, the company’s Stochastic %K and %D values for the last 20 days were 13.83% and 14.71%, respectively.

NTST Stock Price Performance Analysis

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The index has shown a price loss of -8.18% this year. Over the last six months, there has been a stronger performance of -9.47%. The price of NTST leaped by -3.00% during the last 30 days period. For the last 5-days stocks have slided -0.88%.

Leave a Comment

Your email address will not be published. Required fields are marked *

On Key

Related Posts