Gladstone Commercial Corporation (GOOD): GOOD moving up?


Gladstone Commercial Corporation (NASDAQ:GOOD) changes shares on Tuesday trading session, with a change of 3.26% or $0.61 shares. The trading starts at $19.94 and closed at $18.70 throughout the day. The trading session low price was $18.845 and day high was $19.94 on Tuesday, June 16. After the session, the Real Estate sector daily volume shifted to 0.16 million while its average volume is 288.09K. In other hand, the GOOD market cap reached to $678.36M. While, its current target price is $19.31 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -1.48% and up 31.09% for month. Its quarterly performance was 59.46% above, while its half year performance is down -13.49%. GOOD yearly performance stood at negative -10.31% and fall -11.67% for year-to-date. Current recommendation for Gladstone Commercial Corporation is 1.70.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. GOOD EPS (TTM) for 12-month is -0.23. EPS for this year is -557.00%, while for the next year its value is -0.10. Its EPS Q/Q reached -130.30%. It has an EPS of 24.00% up for past five years and for the next five years will be up 6.00%.

Let’s take a look on the analyst recommendations on GOOD for the current month and previous month. For the current month, 5 of 6 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 1 as Hold. As compared with the previous month ratings, 6 analysts participate in stock recommendation. Out of 6, 0 rated it sell, 4 rated it as Buy and 2 as Hold Ratings. On the other hand, target price ranges from $19.50-$22.00. Average target price for GOOD was reached at $20.50.

Vanguard Group, Inc. (The), Blackrock Inc. and Renaissance Technologies, LLC are the top three holders in Gladstone Commercial Corporation (GOOD) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 3.24 million shares which valued 46.47 million. On Mar 30, 2020, Blackrock Inc. owned 2.63 million shares which valued at 37.77 million. On Mar 30, 2020, Renaissance Technologies, LLC has a total of 2.58 million shares which valued at 37.05 million. In the end, Renaissance Technologies, LLC have 7.60% shares outstanding of Gladstone Commercial Corporation (GOOD) on Mar 30, 2020. The insider ownership moved to 0.30% and institutional holding shifted to 59.40%.

The company posted an EPS (TTM) of -0.23. According to the most recent quarter report on (Jun 2020), 3 analysts estimated an average EPS of 0, while -0.02 EPS posted a year ago period. Analyst Estimated EPS for GOOD published in the report was -0.03-0.02 during the same period. Comparing with last year, the average estimated EPS was -0.02 which is equal to -0.02 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for GOOD fall -2.67% for period of 200 days. SMA for 50 days was 20.42% which is showing green signal, while SMA-20 was 7.98%. The moving average value for Gladstone Commercial Corporation (GOOD) is 18.34 and 17.13 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in GOOD stock. On May 01, SODO MICHAEL, CFO, bought 750 trading shares at the cost of $16.24, which valued at 12180.0. On May 01, Cutlip Robert G, President, bought 1,000 shares at the cost of $16.29, with total shares of 58,100. On Mar 27, ENGLISH MICHELA A, Director, bought 500 shares at the cost of 14.83. After this transaction, ENGLISH MICHELA A total shares reached to 1,761 which valued at 7413.0.