Retail Opportunity Investments Corp [ROIC] stock prices are up 0.06% to $15.71 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ROIC shares have gain 4.39% over the last week, with a monthly amount glided 20.48%, and 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:
Retail Opportunity Investments Corp [NASDAQ: ROIC] stock has seen the most recent analyst activity on April 05, 2024, when BofA Securities downgraded its rating to a Underperform and also revised its price target to $12 from $14.50. Previously, KeyBanc Capital Markets upgraded its rating to Overweight on January 05, 2024, and kept the price target unchanged to $16. On November 06, 2023, downgrade downgraded it’s rating to Neutral and revised its price target to $13 on the stock. Wells Fargo downgraded its rating to a Equal Weight and increased its price target to $15 on September 20, 2023. Raymond James upgraded its rating to a Outperform but $16 remained the price target by the analyst firm on September 05, 2023. Wells Fargo started tracking with a Overweight rating for this stock on May 24, 2023, and assigned it a price target of $14. In a note dated January 11, 2023, BTIG Research downgraded an Neutral rating on this stock.
The stock price of Retail Opportunity Investments Corp [ROIC] has been fluctuating between $10.98 and $15.75 over the past year. Currently, Wall Street analysts expect the stock to reach $15 within the next 12 months. Retail Opportunity Investments Corp [NASDAQ: ROIC] shares were valued at $15.71 at the most recent close of the market. An investor can expect a potential drop of -4.52% based on the average ROIC price forecast.
Analyzing the ROIC fundamentals
The Retail Opportunity Investments Corp [NASDAQ:ROIC] reported sales of 335.05M for trailing twelve months, representing a surge of 1.56%. Gross Profit Margin for this corporation currently stands at 0.52% with Operating Profit Margin at 0.34%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.14.
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 15.62 points at the first support level, and at 15.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.78, and for the 2nd resistance point, it is at 15.84.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 5.98, the price to book ratio is 1.58 and price to earnings (TTM) ratio is 57.67.
Transactions by insiders
Recent insider trading involved Indiveri Michael J., Director, that happened on Oct 30 ’23 when 1500.0 shares were purchased. Director, POMERANTZ LAURA H completed a deal on Aug 31 ’23 to sell 4000.0 shares.
