Finance

Worthy Stock comparison for Investors: Essex Property Trust, Inc. (NYSE:ESS)

Essex Property Trust, Inc. (NYSE:ESS), ended its previous trading session at $321.51 showing a gain of 2.32999999999998 or 0.73 percent with respect to the price of $319.18 when stock market opened. The company traded 327277 shares over the course of the trading day. Giving the average volume of 448.54 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 66.07 Million.

Essex Property Trust, Inc. (NYSE:ESS) is currently trading lower than its price target which is set to $330.25 by the analyst. The stock is -3.79% Below its 1-Year High which is $334.17. ESS has a difference of 18.39% from its 1 year low which stands at $271.58. The company is currently rated by analyst who are keeping a close eye on the stock as 2.5. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Essex Property Trust, Inc. (NYSE:ESS) Performance Snapshot

The stock performed exceptionally good in the previous week which depicts an increase of 2.15 percent in the shares price. The company added about 6.52% in its share price over 1-Month. While taking about the performance of the stock over 1-year interval is 15.64 Percent. ESS currently shows 6.86% as its year to date performance.

Essex Property Trust, Inc. (NYSE:ESS) Price Insight

The stock needs to grow about $8.74000000000001 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are 3.37%, 5.2% and 4.34 percent respectively. The stock trades about 1.5 percent of its Float giving its total shares Outstanding are 66.07 Million. ESS gained about 4.63 percent in 6 months showing its Average True Range of 4.86. The company currently has a RSI and Beta of 69.58 and 0.36.

While talking about Essex Property Trust, Inc. (NYSE:ESS) valuation ratios, the stock trades with a P/S and P/B of 14.55 and 3.4 which is significantly better and attractive as compared to its peers.