New York REIT, Inc.s in-depth stock price analysis indicates that the stock price has rallied 3.5% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 3.18% . Looking at the past 52 week period, the stock price is up at 10.31% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of New York REIT, Inc. has a positive value of 0.2 compared to overall market. New York REIT, Inc. (NYSE:NYRT) has climbed 1.62% in the past week and advanced 1.93% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 0.8% and the outperformance has advanced to 0.1% for the last 4 weeks period.
New York REIT, Inc. (NYSE:NYRT) : On Friday heightened volatility was witnessed in New York REIT, Inc. (NYSE:NYRT) which led to swings in the share price. The stock opened for trading at $10.04 and hit $10.1 on the upside , eventually ending the session at $10.06, with a gain of 0.4% or 0.04 points. The heightened volatility saw the trading volume jump to 1,167,483 shares. The 52-week high of the share price is $11.07 and the company has a market cap of $1,669 million. The 52-week low of the share price is at $8.79 .
New York REIT Inc Last issued its quarterly earnings results on Nov 9, 2016. The company reported $0.09 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $0.10. The company had revenue of $41.30 million for the quarter, compared to analysts expectations of $39.96 million. The companys revenue was down -7.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.11 EPS.
Company has reported several Insider transactions to the SEC, on Oct 5, 2016, William M Kahane (director) sold 351,952 shares at 9.08 per share price.On Oct 3, 2016, Patrick A. Omalley (Chief Investment Officer) sold 8,311 shares at 9.25 per share price.On Nov 10, 2015, Marc J Rowan (director) purchased 99,418 shares at 10.60 per share price.
New York REIT, Inc. is a real estate investment trust. It focuses on acquiring commercial real estate, as well as acquiring properties or making other real estate investments that relate to office, retail, multi-family residential, industrial, and hotel property types located primarily in New York City. New York REIT, Inc. is based in New York.