Monitor The Insider Activity Of Equity Commonwealth (EQC)

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As of Wednesday close, Equity Commonwealth’s (NYSE:EQC) stock was up $0.05, moving up 0.19 percent to $26.43. The average number of shares traded per day over the past five days has been 520,640 shares. 3 times new highs have been achieved over the past 5 days, with a $0.65 gain in that time frame. In the last twenty days, the average volume was 749,375, while in the previous 50 days, it was 910,730.

Since last month, EQC stock rose 2.92%. Shares of the company fell to $25.33 on 11/03/22, the lowest level in the past month. A 52-week high of $27.69 was reached on 03/30/22 after having rallying from a 52-week low of $23.88. Since the beginning of this year, EQC’s stock price has risen by 6.30% or $0.53, and marked a new high 13 times. However, the stock has declined by -4.54% since its 52-week high.


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EQC stock investors should be aware that Equity Commonwealth (EQC) stock had its last reported insider trading activity 65 days ago on Sep 20. Shifrin Orrin S, the EVP, Gen. Counsel & Secretary of the company, disposed of 50,000 shares for $26.95 on Sep 20. It resulted in a $1,347,500 divestment by the insider.

Valuation Metrics

Right now, Equity Commonwealth (EQC) has a P/E ratio of about 426.29. The stock’s beta is 0.26. Besides these, the trailing price-to-sales (P/S) ratio of 46.68, the price-to-book (PB) ratio of 1.09.

The latest dividend of $1.00 per share was paid out, which is -71.43% less than last year’s $3.50.

Financial Health

On the profitability front, the trailing twelve-month gross margin is 61.50% percent. In the year ended September 29, operating margins totaled -15.60%. Based on annual data, EQC earned -$23.11 million in gross profit and brought in $58.0 million in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -0.80%. Return on equity (ROE) for the past 12 months was 0.20%.

According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. EQC’s revenue rose 4.25% to $16.69 million during the quarter, while net income inched up to $15.54 million. While analysts expected Equity Commonwealth to report -$0.03 quarterly earnings, the actual figure was -$0.04 per share, beating the consensus estimate by -33.30%. During the quarter, the company generated $1.46 million in EBITDA. The value of shareholders’ equity is $109.43 million.

Technical Picture

This quick technical analysis looks at Equity Commonwealth’s (EQC) price momentum. With a historical volatility rate of 15.13%, the RSI 9-day stood at 62.15% on 23 November.

With respect to its five-day moving average, the current Equity Commonwealth price is up by +2.52% percent or $0.65. At present, EQC shares trade +3.20% above its 20-day simple moving average and -5.06% percent below its 100-day simple moving average. However, the stock is currently trading approximately -0.60% below its SMA50 and +1.85% above its SMA200.

Stochastic coefficient K was 75.01% and Stochastic coefficient D was 69.79%, while ATR was 0.43. Given the Stochastic reading of 82.28% for the 14-day period, the RSI (14) reading has been calculated as 59.50%. As of today, the MACD Oscillator reading stands at 0.24, while the 14-day reading stands at 0.19.

Analyst Ratings

Equity Commonwealth downgraded its rating on Equity Commonwealth (NYSE: EQC) to an Underperform in a note to investors on October 04, 2021. The analysts firm previously had a Neutral rating on the stock.Equity Commonwealth (EQC) has been rated Underweight by analysts. According to 0 brokerage firms, EQC is a sell, and 1 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 0 analysts rate Equity Commonwealth stock as buy, with 0 recommending it as overweight.

With a median target price of $25.50, the current consensus forecast for the stock is $24.00 – $27.00. Based on these forecasts, analysts predict Equity Commonwealth (EQC) will achieve an average price target of $25.50.

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