Appreciate Holdings Inc. (NASDAQ:SFR) currently has a daily average trading volume of 1.16M but it saw 810788 shares traded on Wednesday. With a market cap of 12.41M USD, stock’s current market price of $0.23 came falling about -14.18 while comparing to the previous closing price of $0.27. In past 52 weeks, the stock remained buoying in the range of price level as high as $13.40 and as low as $0.25. In the recent trading on the day, stock has struck highest price mark of $0.2633 while lowest mark touched by it was $0.2202.
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Taking a look at 20-day trading activity of Appreciate Holdings Inc. (SFR) gives us an average price of $0.4609, while its current price level is -98.28% below from 52-week high level whereas it is -7.41% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.6284 while that of 200 days or SMA-200 reads an average of $4.8000. A closer look into the stock’s movement over the week reveals that its volatility is standing at 27.16% during that period while stretching the period over a month that increases to 29.16%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 37.17 which implies that the stock is in neutral territory.
Appreciate Holdings Inc. (SFR)’s stock is currently under the radar of 1 analysts who are in consensus at a 12-month price target range of between $3.50 and $3.50 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $3.50 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $3.50. Average price target assigned by them is $3.50 which highlights an upside potential of 93.43% for the stock over that period. And to attain the median price target of $3.50 assigned by those analysts, stock has to add about 93.43% of value to its current levels.
Data by FactSet Research shows that 1 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 1 analysts suggested the investors to Buy the stock while 0 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Buy for the stock and that issued by Wall Street to investors is Moderate Buy.
Over the week, SFR’s stock price is moving -8.00% down while it is -87.01% when we observe its performance for the past one month. Year-to-date it is -80.00% down and over the past year, the stock is showing a downside performance of -97.66%.
The company is expected to be releasing its next quarterly report in 08/30/2023, for which analysts forecasted an EPS of -$0.05 while estimate for next year EPS is $0. In next quarter, company is expected to be making quarterly sales of $6.11 million as analysts are expecting the sales for current fiscal year at $27.94 million and seeing the company making $41.59 million in sales next year. Moreover, analysts are in estimates of $5.8 million for current-quarter revenue.
Currently, Appreciate Holdings Inc.’s total number of outstanding shares is 28.75M with 5.57% of that held by the insiders while 19.47% of its common stock has been owned by the institutions. Company’s return on equity (ROE) at -0.80%. Stock has a price to book (P/B) ratio of 0.03 while price to sale or P/S ratio amounts to 0.43. Its return on asset (ROA) is -0.70% on average.
A filing at the U.S. Securities and Exchange Commission revealed that Lyxor Newcits IRL Plc – Tiedemann came shrinking its share ownership by -1.63% in the Appreciate Holdings Inc. (SFR) decreasing its stake to 1.64% with control over 4622.0 shares in the company.
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