As of Thursday close, Urstadt Biddle Properties Inc.’s (NYSE:UBA) stock was down -$0.39, moving down -1.81 percent to $21.14. The average number of shares traded per day over the past five days has been 1,155,080 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.39 fall in that time frame. In the last twenty days, the average volume was 405,025, while in the previous 50 days, it was 293,916.
Since last month, UBA stock retreated -5.63%. Shares of the company fell to $21.08 on 08/17/23, the lowest level in the past month. A 52-week high of $23.16 was reached on 08/07/23 after having rallying from a 52-week low of $15.07. Since the beginning of this year, UBA’s stock price has risen by 11.56% or $2.19, and marked a new high 18 times. However, the stock has declined by -8.72% since its 52-week high.
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UBA stock investors should be aware that Urstadt Biddle Properties Inc. (UBA) stock had its last reported insider trading activity 226 days ago on Jan 04. Hayes John T, the Senior VP and CFO of the company, disposed of 13,500 shares for $19.24 on Jan 04. It resulted in a $259,740 divestment by the insider.
Valuation Metrics
Right now, Urstadt Biddle Properties Inc. (UBA) has a P/E ratio of about 32.18. The stock’s beta is 1.12. Besides these, the trailing price-to-sales (P/S) ratio of 5.73, the price-to-book (PB) ratio of 2.38, and the price-to-cash flow ratio of 14.84 may also be considered.
The latest dividend of $0.2083 per share was paid out, which is -16.68% less than last year’s $0.25. On Thursday June 1 2023, a $0.0417 dividend decrease was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending April 29 was 1.00, and the total debt-to-equity ratio was 1.00. On the profitability front, the trailing twelve-month gross margin is 66.50% percent. In the year ended April 29, operating margins totaled 37.70%. Based on annual data, UBA earned $54.05 million in gross profit and brought in $143.1 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 7.90%. Return on equity (ROE) for the past 12 months was 7.40%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. While analysts expected Urstadt Biddle Properties Inc. to report $0.26 quarterly earnings, the actual figure was $0.14 per share, beating the consensus estimate by -46.20%. During the quarter, the company generated $20.14 million in EBITDA. The value of shareholders’ equity is $39.33 million.
Technical Picture
This quick technical analysis looks at Urstadt Biddle Properties Inc.’s (UBA) price momentum. With a historical volatility rate of 13.73%, the RSI 9-day stood at 21.75% on 17 August.
With respect to its five-day moving average, the current Urstadt Biddle Properties Inc. price is down by -6.17% percent or -$1.39. At present, UBA shares trade -6.63% below its 20-day simple moving average and +23.05% percent above its 100-day simple moving average. However, the stock is currently trading approximately +4.45% above its SMA50 and +12.57% above its SMA200.
Stochastic coefficient K was 2.14% and Stochastic coefficient D was 6.08%, while ATR was 0.42. Given the Stochastic reading of 2.88% for the 14-day period, the RSI (14) reading has been calculated as 33.05%. As of today, the MACD Oscillator reading stands at -0.77, while the 14-day reading stands at -0.95.
Analyst Ratings
Piper Sandler upgraded its rating on Urstadt Biddle Properties Inc. (NYSE: UBA) to an Overweight in a note to investors on April 16, 2021. The analysts firm previously had a Neutral rating on the stock.Urstadt Biddle Properties Inc. (UBA) has been rated Overweight by analysts. According to 0 brokerage firms, UBA is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Urstadt Biddle Properties Inc. stock as buy, with 1 recommending it as overweight.
