Over the past 52 weeks, the shares of W. P. Carey Inc. (NYSE:WPC) has been trading as low as $59.23 before witnessing a massive surge by 27.2% or $16.11. This price movement has led to the WPC stock receiving more attention and has become one to watch out for. It dipped by -0.38% on Tuesday and this got the market worried. The stock’s beta now stands at 0.67 and when compared to its 200-day moving average and its 50-day moving average, WPC price stands 12.98% above and 8.03% above respectively. Its average daily volatility for this week is 1.11% which is less than the 1.32% recorded over the past month. The shares of W. P. Carey Inc. dropped by -0.51% or -$0.39 from its last recorded high of $75.73 which it attained on December 02 to close at $75.34 per share.
W. P. Carey Inc. (WPC) rose 0.49% this week, a trend that has led to both investors and traders taking note of the stock. Over the past one year, the equity price has embarked on a rally that has seen it rise 23.21% and is now up by 15.3% since start of this year. A look at its monthly performance shows that the stock has recorded a 9.47% gain over the past 30 days. Its equity price climbed by 15.82% over the past three months which led to its overall six-month increase to stand at 16.09%.
A look at WPC technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 69.04 point. Its trading volume has lost -659608 shares compared to readings over the past three months as it recently exchanged 1020392 shares. This means there is reduced activity from short-term traders as per session, its average trading volume is 1680000 shares, and this is 0.61 times the normal volume.
The CSX stock Stochastic Oscillator (%D) is at 91.58%, which means that it is currently overbought and its prices could dip very soon. The shares P/S ratio stands at 4.86 which compares to the 1.63 recorded by the industry or the 2.19 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 14.97, which is lower than the 18.48 multiple of 12-month price-earnings (P/E). The company’s earnings have gone up, with a quarterly increase rate of 16% over the past five years.
Analysts view CSX Corporation (NASDAQ:CSX) as a Hold, with 2.2 consensus rating. Reuters surveyed 26 analysts that follow CSX and found that 9 of those analysts rated the stock as a Hold. The remaining 17 were divided, with 16 analyst rating it as a Buy or a Strong Buy while 1 analysts advised investors to desist from buying CSX Corporation (CSX) shares or sell it if they already own it.