Finance

Which Stock will you hold for a while? Pennsylvania Real Estate Investment Trust (NYSE:PEI)

Pennsylvania Real Estate Investment Trust (NYSE:PEI), ended its previous trading session at $6.81 showing a loss of -0.0300000000000002 or -0.44 percent with respect to the price of $6.84 when stock market opened. The company traded 1.25 Million shares over the course of the trading day. Giving the average volume of 1.45 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 76.44 Million.

Pennsylvania Real Estate Investment Trust (NYSE:PEI) is currently trading lower than its price target which is set to $7.37 by the analyst. The stock is -43.16% Below its 1-Year High which is $11.98. PEI has a difference of 24.73% from its 1 year low which stands at $5.46. The company is currently rated by analyst who are keeping a close eye on the stock as 3.2. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Pennsylvania Real Estate Investment Trust (NYSE:PEI) Performance Snapshot

The stock performed exceptionally bad in the previous week which depicts an decrease of 5.75 percent in the shares price. The company subtracted about -6.71% in its share price over 1-Month. While taking about the performance of the stock over 1-year interval is -42.72 Percent. PEI currently shows 14.65% as its year to date performance.

Pennsylvania Real Estate Investment Trust (NYSE:PEI) Price Insight

The stock needs to grow about $0.56 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are 0.99%, 4.74% and -9.36 percent respectively. The stock trades about 38.46 percent of its Float giving its total shares Outstanding are 76.44 Million. PEI lost about -13.47 percent in 6 months showing its Average True Range of 0.29. The company currently has a RSI and Beta of 54.55 and 1.22.

While talking about Pennsylvania Real Estate Investment Trust (NYSE:PEI) valuation ratios, the stock trades with a P/S and P/B of 1.44 and 0.98 which is significantly better and attractive as compared to its peers.