New York REIT Inc (NYSE:NYRT) shares traded -1.01% down during most recent session to reach at the closing price of $1.97. The stock exchanged hands 2.09 Million shares versus average trading capacity of 5.73 Million shares, yielding a market cap of $325.8 Million. Wall Street analysts covering the stock are projecting that the stock will reach $3 within the next 52-weeks. The mean target projections are based on 1 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have New York REIT Inc (NYSE:NYRT) high price target of $3 and with a conservative view have low price target of $3.
Compass Point “Assumes” New York REIT Inc (NYSE:NYRT) in a research note issued to investors on 6/30/16 to Buy.
Additionally on 2/29/16 JP Morgan “Maintained” New York REIT Inc (NYSE:NYRT) to Market Outperform setting price target at $12 and on 11/16/15 Evercore ISI Group “Upgrades” the stock to Buy. Furthermore on 10/30/15 Compass Point “Initiates Coverage on” the stock to Buy at $13.5.
On the other hand the company has Relative Strength Index (RSI 14) of 35.86 along with Average True Range (ATR 14) of 0.04, Consequently New York REIT Inc (NYSE:NYRT)’s weekly and monthly volatility is 2.35%, 2.12% respectively. The company’s beta value is at -0.11.
In terms of Buy, Sell or Hold recommendations, New York REIT Inc (NYSE:NYRT) has analysts’ mean recommendation of 2.5. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
Currently New York REIT Inc (NYSE:NYRT)’s shares owned by insiders are 0.96%, whereas shares owned by institutional owners are 80.4%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 8.24%.
New York REIT Inc (NYSE:NYRT) 52-week high price stands at $2.90 and low price stands at $1.91, its price distance from 52-week high is -32.07% while its distance from 52-week low price is 3.18%. The stock hit its 52-week high on 02/14/17, and 52-week low on 02/12/18.
New York REIT Inc (NYSE:NYRT)’s trailing twelve month revenues are $174.99 Million, whereas its price to sales ratio for the same period is 1.86. Its book value per share for the most recent quarter is $5.58 while its price to book ratio for the same period is 0.35, as for as the company’s cash per share for the most recent quarter is $0.24, however its price to cash per share ratio for the same period is 8.19. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.