On a relative basis, the stock has outperformed the S&P 500 by 0.66% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The 4-week change in the price of the stock is -1.38% and the stock has fallen -1.83% in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.23% and the 50-Day Moving Average is 2.95%.The 200 Day SMA reached 9.17% Retail Opportunity Investments Corp. is up 5.6% in the last 3-month period. Year-to-Date the stock performance stands at 23.09%.
Retail Opportunity Investments (ROIC) : 8 Wall Street analysts covering Retail Opportunity Investments (ROIC) believe that the average level the stock could reach for the short term is $23.75. The maximum price target given is $26 and the minimum target for short term is around $20, hence the standard deviation is calculated at $2.43.
For the current week, the company shares have a recommendation consensus of Buy. Retail Opportunity Investments (NASDAQ:ROIC): The stock opened at $21.24 and touched an intraday high of $21.49 on Friday. During the day, the stock corrected to an intraday low of $21.03, however, the bulls stepped in and pushed the price higher to close in the green at $21.46 with a gain of 0.99% for the day. The total traded volume for the day was 1,378,399. The stock had closed at $21.46 in the previous trading session.
Retail Opportunity Investments Corp. (ROIC) is an integrated, self-managed real estate investment trust (REIT). The Company is engaged in the ownership, management, and redevelopment of retail real estate properties. The Company also operates in the acquisition, ownership and management of necessity-based community and neighborhood shopping centers on the west coast of the United States, anchored by supermarkets and drugstores. The Company focuses on acquiring shopping centers located in densely populated, supply-constrained metropolitan markets in the western regions of the United States. The Company also focuses on acquiring necessity-based community and neighborhood shopping centers anchored by national and regional supermarkets and drugstores. The Companys wholly-owned subsidiary, Retail Opportunity Investments GP, LLC, is the general partner of the Operating Partnership.