Retail Properties of America Inc. (RPAI): Look at its Technical Analysis

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Retail Properties of America Inc. (NYSE:RPAI) changes shares on Thursday trading session, with a change of 0.00% or $0.0 shares. The trading starts at $6.46 and closed at $6.46 throughout the day. The trading session low price was $6.31 and day high was $6.57 on Thursday, August 06. After the session, the Real Estate sector daily volume shifted to 1.27 million while its average volume is 3.94M. In other hand, the RPAI market cap reached to $1.41B. While, its current target price is $7.71.

On May 1, 2018, BRIEF-Retail Properties Of America Reports Q1 FFO Per Share $0.25. According to the news reported on Reuters, * RETAIL PROPERTIES OF AMERICA, INC. REPORTS FIRST QUARTER 2018 RESULTS

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 -0.46% and down -3.15% for month. Its quarterly performance was 25.68% above, while its half year performance is down -47.86%. RPAI yearly performance stood at negative -44.83% and fall -51.79% for year-to-date. Current recommendation for Retail Properties of America Inc. is 2.90.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. RPAI EPS (TTM) for 12-month is 0.15. EPS for this year is -57.60%, while for the next year its value is 0.19. Its EPS Q/Q reached -3.80%. It has an EPS of 1.40% up for past five years and for the next five years will be down -4.49%.

Let’s take a look on the analyst recommendations on RPAI for the current month and previous month. For the current month, 1 of 8 analysts recommend stock as Buy while 2 as Sell, 2 as overweight, 0 as underweight and 3 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $6.00 – $10.00. Average target price for RPAI was reached at $7.50.

Vanguard Group, Inc. (The), Blackrock Inc. and Cohen & Steers Inc. are the top three holders in Retail Properties of America Inc. (RPAI) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 31.76 million shares which valued 164.22 million. On Mar 30, 2020, Blackrock Inc. owned 14.72 million shares which valued at 76.08 million. On Mar 30, 2020, Cohen & Steers Inc. has a total of 10.26 million shares which valued at 53.05 million. In the end, Cohen & Steers Inc. have 4.79% shares outstanding of Retail Properties of America Inc. (RPAI) on Mar 30, 2020. The insider ownership moved to 0.80% and institutional holding shifted to 86.50%.

The company posted an EPS (TTM) of 0.15. According to the most recent quarter report on (Sep 2020), 3 analysts estimated an average EPS of 0.03, while -0.13 EPS posted a year ago period. Analyst Estimated EPS for RPAI published in the report was $0.02 – $0.05 during the same period. Comparing with last year, the average estimated EPS was -0.13 which is lower than -0.04 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 RPAI fall -30.65% for period of 200 days. SMA for 50 days was -2.94% which is showing red signal, while SMA-20 was 0.97%. The moving average value for Retail Properties of America Inc. (RPAI) is 7.42 and 6.60 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in RPAI stock. On Mar 12, Imperiale Richard P, Director, bought 550 trading shares at the cost of $7.86, which valued at 4324.0. On Mar 11, Imperiale Richard P, Director, bought 600 shares at the cost of $8.80, with total shares of 74,003. On Mar 10, Imperiale Richard P, Director, bought 200 shares at the cost of 8.95. After this transaction, Imperiale Richard P total shares reached to 73,403 which valued at 1790.0.