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 gain of 4.52% this year. Over the last six months, there has been a weaker performance of 8.38%. The price of ELME fallen by 1.38% during the last 30 days period. For the last 5-days stocks have improved 0.81%.
Elme Communities’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $18.33 on 09/18/24, with the lowest value being $13.95 on 04/09/25.
52-week price history of ELME Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Elme Communities’s current trading price is -11.82% away from its 52-week high, while its distance from the 52-week low is 15.84%. The stock’s price range over this timeframe has been between $13.95 and $18.33. The shares of the Real Estate sector company recorded a trading volume of approximately 0.43 million for the day, which was comparatively lower than the average daily volume of 0.63 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Elme Communities (ELME) has experienced a quarterly decline of -6.10% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.42B and boasts a workforce of 255 employees.
How Moving Averages and Trading Volume Data Work Together
ELME’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for ELME stands at 0.66. Similarly, the long-term debt-to-equity ratio is also 0.66.
