Checking the Overall Picture for Retail Opportunity Investments Corp. (ROIC)

Retail Opportunity Investments Corp. (ROIC) is an interesting player in the Financial space, with a focus on REIT – Retail. The stock has been active on the tape, currently trading at $17.13, up from yesterday’s close by 1.48%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Retail Opportunity Investments Corp. (ROIC) currently trades with a market capitalization of $1.87 Billion. That value represents a market adjusting for revenues that have been growing by 14.51 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $71.04 Million over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.09 on a per share basis this quarter. Perhaps, that suggests something about why 2.23% of the outstanding share supply is held by institutional investors.



Technical Analysis

Sometimes, we can understand most about a stock by simply looking at how it has been trading. Looking at the stock’s movement on the chart, Retail Opportunity Investments Corp. recorded a 52-week high of $22.37. It is now trading 5.24% off that level. The stock is trading $18.91 its 50-day moving average by 1.78%. The stock carved out a 52-week low down at $16.21.

In recent action, Retail Opportunity Investments Corp. (ROIC) has made a move of -8.69% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 13.62, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 10.87% with $107.52 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of ROIC.

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