logo

EQR: Riding the Market Waves of Growth and Decline in 2023

DOYU

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 5.64%.However, over the last six months, we can see a weaker performance of 14.68%. Over the last 30 days, the price of EQR has fallen by 5.01%. And in the last five days, it has surged by 6.95%.

Equity Residential Properties Trust experienced a rather steady stock market performance. The highest value in the past year was recorded at $69.45 on 07/24/23 and the lowest value was $52.57 on 11/01/23.

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 Properties Trust’s current trading price is -6.97% away from its 52-week high, while its distance from the 52-week low is 22.90%. The stock’s price range during this period has varied between$52.57 and $69.45. The Equity Residential Properties Trust’s shares, which operate in the Real Estate, saw a trading volume of around 3.17 million for the day, a figure considerably higher than their average daily volume of 2.07 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Equity Residential Properties Trust (EQR) has experienced a quarterly rise of 9.96% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 24.48B and boasts a workforce of 2400 employees.

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 60.91, with a change in price of +8.03. Similarly, Equity Residential Properties Trust recorded 2,173,304 in trading volume during the last 100 days, posting a change of +14.19%.

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 0.69. Similarly, the long-term debt-to-equity ratio is also 0.61.

EQR Stock Stochastic Average

Equity Residential Properties Trust’s raw stochastic average for the past 50 days is presently 92.39%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 89.53%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 71.63% and 55.96%, respectively.

Most Popular