Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Year to date metric has recorded a loss of -45.34%.However, over the last six months, we can see a stronger performance of -26.76%. Over the last 30 days, the price of ACRE has leaped by -11.49%. And in the last five days, it has fallen by -9.37%.
Ares Commercial Real Estate Corp (ACRE) currently has a stock price of $4.16. The stock saw a sharp increase in the last trading session, hitting a high of $5.5 after opening at $4.16. The lowest recorded price for the day was $4.25 before it closed at $4.52.
The market performance of Ares Commercial Real Estate Corp has been somewhat unstable.
52-week price history of ACRE 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. Ares Commercial Real Estate Corp’s current trading price is -46.87% away from its 52-week high, while its distance from the 52-week low is 24.18%. The stock’s price range over this timeframe has been between $3.35 and $7.83. The shares of the Real Estate sector company recorded a trading volume of approximately 1.11 million for the day, which was comparatively higher than the average daily volume of 0.46 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Ares Commercial Real Estate Corp (ACRE) has experienced a quarterly decline of -0.24% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 228.82M and boasts a workforce of 3200 employees.
Expert Opinions: Analysts’ Ratings for Ares Commercial Real Estate Corp
As of right now, 0 analyst is rating Ares Commercial Real Estate Corp as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 5 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.53, with a change in price of -0.60. Similarly, Ares Commercial Real Estate Corp recorded 534,383 in trading volume during the last 100 days, posting a change of -12.61%.
ACRE’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 ACRE stands at 1.74. Similarly, the long-term debt-to-equity ratio is also 1.47.
ACRE Stock Stochastic Average
The raw stochastic average for Ares Commercial Real Estate Corp over the last 50 days is presently at 10.63%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 13.17%. Further, the company’s Stochastic %K and %D values for the last 20 days were 21.25% and 19.08%, respectively.
