Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Sabra Healthcare REIT Inc’s current trading price is -1.70% away from its 52-week high, while its distance from the 52-week low is 43.55%. The stock’s price range over this period has fluctuated between $10.08 and $14.72. The company, operating within the financial sector, had a trading volume of approximately 3.3 million for the day, which was noticeably higher than the average daily share volume of 2.6 million over the last 3 months.
At present, Sabra Healthcare REIT Inc (SBRA) has a stock price of $14.47. In the previous session, the stock saw a rise, peaking at $14.82 after an opening price of $14.51. The day’s lowest price was $14.40, and it closed at $14.55.
Sabra Healthcare REIT Inc saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $14.72 on 11/15/23, while the lowest price for the same duration was marked at $10.08 on 03/24/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Sabra Healthcare REIT Inc (SBRA) has experienced a quarterly rise of 22.52% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.35B and boasts a workforce of 42 employees.
Sabra Healthcare REIT Inc: What Analysts Are Saying
As of right now, 6 analysts are rating Sabra Healthcare REIT Inc as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 9 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 13.17, with a change in price of +2.77. Similarly, Sabra Healthcare REIT Inc recorded 2,411,443 in trading volume during the last 100 days, posting a change of +23.68%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for SBRA stands at 0.83. Similarly, the long-term debt-to-equity ratio is also 0.83.
SBRA Stock Stochastic Average
Today, Sabra Healthcare REIT Inc’s raw stochastic average for the past 50 days stands at 84.65%, indicating a rise from the raw stochastic average of the last 20 days, which was 78.13%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 77.64% and 66.93% respectively.
SBRA Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 16.41%.However, over the last six months, we can see a weaker performance of 28.97%. Over the last 30 days, the price of SBRA has leaped by -0.89%. And in the last five days, it has surged by 4.48%.