Seritage Growth Properties’s stock (SRG) continues to rise above its goal

A share price of Seritage Growth Properties [SRG] is currently trading at $4.38, up 0.69%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SRG shares have gain 10.61% over the last week, with a monthly amount drifted -11.69%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Seritage Growth Properties [NYSE: SRG] stock has seen the most recent analyst activity on July 12, 2023, when Odeon initiated its Buy rating and assigned the stock a price target of $14.

Seritage Growth Properties experienced fluctuations in its stock price throughout the past year between $3.63 and $9.87. Seritage Growth Properties [NYSE: SRG] shares were valued at $4.38 at the most recent close of the market.

Analyzing the SRG fundamentals

Trailing Twelve Months sales for Seritage Growth Properties [NYSE:SRG] were 24.00M which represents -27.99% decline. Gross Profit Margin for this corporation currently stands at -0.25% with Operating Profit Margin at -2.66%, Pretax Profit Margin comes in at -4.81%, and Net Profit Margin reading is -4.87%. To continue investigating profitability, this company’s Return on Assets is posted at -0.15, Equity is -0.22 and Total Capital is -0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.64.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.26 points at the first support level, and at 4.13 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.46, and for the 2nd resistance point, it is at 4.53.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 10.27, the price to book ratio is 0.56.

Transactions by insiders

Recent insider trading involved Yakira Capital Management, Inc, 10% Owner, that happened on May 21 ’24 when 23500.0 shares were purchased. 10% Owner, LAMPERT EDWARD S completed a deal on Apr 01 ’24 to sell 25655.0 shares. Meanwhile, 10% Owner LAMPERT EDWARD S sold 20694.0 shares on Feb 27 ’24.

Related Posts