Tanger Factory Outlet Centers Inc. (NYSE:SKT) The company’s stock price has collected 2.14% of gains in the last five trading sessions. Press Release reported on 03/01/21 that Tanger Factory Outlet Centers, Inc. To Present at Citi’s 2021 Global Property CEO Conference
For the readers interested in the stock health of Tanger Factory Outlet Centers Inc. (SKT). It is currently valued at $17.66. When the transactions were called off in the previous session, Stock hit the highs of $16.44, after setting-off with the price of $15.90. Company’s stock value dipped to $15.63 during the trading on the day. When the trading was stopped its value was $16.24.
Tanger Factory Outlet Centers Inc. (SKT) full year performance was 32.14%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Tanger Factory Outlet Centers Inc. shares are logging -15.74% during the 52-week period from high price, and 336.05% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $4.05 and $20.96.
Is It Worth Investing in Tanger Factory Outlet Centers Inc. (NYSE :SKT) Right Now?
Plus, the 36-month beta value for SKT is at 1.97. Opinions of the stock are interesting as 0 analysts out of 8 who provided ratings for Tanger Factory Outlet Centers Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 4 rated it as “hold,” and 3 as “sell.”
Even if you’re not actively in crypto, you deserve to know what’s actually going on…
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
The company’s shares, operating in the sector of Real Estate managed to top a trading volume set approximately around 5206463 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Tanger Factory Outlet Centers Inc. (SKT) recorded performance in the market was 63.05%, having the revenues showcasing 63.54% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.51B, as it employees total of 262 workers.
Analysts verdict on Tanger Factory Outlet Centers Inc. (SKT)
During the last month, 0 analysts gave the Tanger Factory Outlet Centers Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 10.79, with a change in the price was noted +11.66. In a similar fashion, Tanger Factory Outlet Centers Inc. posted a movement of +183.04% for the period of last 100 days, recording 3,498,556 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for SKT is recording 4.59 at the time of this writing. In addition, long term Debt to Equity ratio is set at 4.59.
Tanger Factory Outlet Centers Inc. (SKT): Technical Analysis
Raw Stochastic average of Tanger Factory Outlet Centers Inc. in the period of last 50 days is set at 74.16%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 86.09%. In the last 20 days, the company’s Stochastic %K was 80.98% and its Stochastic %D was recorded 72.64%.
Plus, the 36-month beta value for SKT is at 1.97. Opinions of the stock are interesting as 0 analysts out of 8 who provided ratings for Tanger Factory Outlet Centers Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 4 rated it as “hold,” and 3 as “sell.”
Let’s take a glance in the erstwhile performances of Tanger Factory Outlet Centers Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 63.05%. Additionally, trading for the stock in the period of the last six months notably improved by 172.94%, alongside a boost of 32.14% for the period of the last 12 months. The shares increased approximately by 2.14% in the 7-day charts and went down by 5.25% in the period of the last 30 days. Common stock shares were driven by 63.54% during last recorded quarter.
