Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Innovative Industrial Properties Inc’s current trading price is -50.77% away from its 52-week high, while its distance from the 52-week low is 9.06%. The stock’s price range during this period has varied between $62.45 and $138.35. The company, active in the Real Estate sector, saw a trading volume of around 0.24 million for the day, considerably lower average daily volume of 0.33 million observed over the last three months.
Innovative Industrial Properties Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $138.35 on 09/24/24, and the lowest price during the same period was recorded at $62.45 on 01/13/25.
How Financial Performance Impacts Market Capitalization
Innovative Industrial Properties Inc (IIPR) has experienced a quarterly decline of -49.78% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.93B and boasts a workforce of 21 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 111.55, with a change in price of -56.35. Similarly, Innovative Industrial Properties Inc recorded 269,248 in trading volume during the last 100 days, posting a change of -45.28%.
How IIPR’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for IIPR stands at 0.15. Similarly, the long-term debt-to-equity ratio is also 0.15.
IIPR Stock Stochastic Average
As of today, the raw stochastic average of Innovative Industrial Properties Inc over the past 50 days is 7.88%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 13.99%. Additionally, the Stochastic %K and %D values for the company were 11.29% and 9.63%, respectively, over the past 20 days.
IIPR Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 2.21% this year. Over the last six months, there has been a stronger performance of -42.19%. The price of IIPR leaped by -33.29% during the last 30 days period. For the last 5-days stocks have improved 7.38%.
