Washington Prime Group Inc. (NYSE:WPG) plummeted -0.52 percent and ended the day at $9.51. The Average Volume of the company is 1.81 Million and P/E (price to earnings) ratio is 0, while Forward P/E ratio is 22.12.
Goldman Downgrade its coverage for Washington Prime Group Inc. (NYSE:WPG) in a note sent to investors on 15-Jul-16. The research firm Downgrade the stock to Neutral. Moreover, Sun Trust Rbsn Humphrey issued Downgrade rating for the stock on 22-Jan-16. Goldman also Upgrade the company to Buy on 6-Jan-16, 2016. Additionally, Goldman Initiated its ratings on the stock to Neutral.
The highest price WPG stock touched in the last 12 month was $14.15 and the lowest price it hit in the same period was $7.47. The stock has a Return on Assets of -1.3 percent, Return on Investment of 0.8 percent and a Return on Equity of -7.3 percent. The company’s market cap is $2.1 Billion.
Price Target is an important factor while doing analysis of a stock. According to 2 analysts, Price Target for Washington Prime Group Inc. (NYSE:WPG) may hit a high of $11. The average and low price target for the stock are $10.9 and $10.8, respectively.
Now we look at the Moving Averages, the 200-day is -12.49, the 50-day is -5.64 and the 20-day is -2.7. Moving averages are used as a strong indicator for technical stock analysis and it helps investors in figuring out where the stock has been and also help in determining where it may be possibly heading.
Looking forward, the company is expected to report earnings of $0.43 per share for the current quarter. Revenue is expected in between 223.27 Million and 213.6 Million with an average of 218.44 Million.
When we look at the recommendation trends, the stock presently has an average brokerage recommendation of 0.6. Out of 3 brokerage recommendations, 0 gave a Strong Buy, 0 issued a Buy, 3 issued Hold, 0 rated Under-perform and 0 issued a Sell.
Washington Prime Group Inc. (NYSE:WPG) performance during the last one year Improved 33.09 percent, while its year to date (YTD) performance showed a Negative trend of -8.65 percent. The stock Fell -26.06 percent over the past six months. The stock’s quarterly performance indicates a Negative momentum of -0.16 percent, whereas its last one month trend is Pessimistic with -9.69 percent. Its weekly performance showed downward trend of -0.52 percent.
Profitability analysis helps a great deal in making investment decision. Net profit margin of the company was recorded at -8.1 percent, operating profit margin was 8.8 percent, whereas gross profit margin stands at 67.2 percent. Beta factor was calculated at 0.
Washington Prime Group Inc. (NYSE:WPG) has 185.63 Million shares outstanding and 184.83 Million shares were floated in market. The short ratio in the company’s stock is documented at 2.64 and the short float is around of 2.59%. The stock’s average true range of stands at 0.28, while the relative strength index is 39.67.
Liquidity ratios helps investors to determine a company’s ability to pay off its debts. For the most recent quarter, quick ratio was 0, current ratio was 0, LT Debt/Equity ratio was 3.94 and Total Debt/Equity ratio was 3.94.