VEREIT Inc.s in-depth stock price analysis indicates that the stock price has rallied 5.93% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -14.88% . Looking at the past 52 week period, the stock price is up at 19.86% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of VEREIT Inc. has a negative value of -4.62 compared to overall market performance. VEREIT Inc. (NYSE:VER) has climbed 3.31% in the past week and advanced 0.92% in the last 4 weeks. The company has outperformed the S&P 500 by 2.47% in the past week but underperformed the index by 0.88% in the last 4 weeks.
VEREIT Inc. (NYSE:VER) : On Friday heightened volatility was witnessed in VEREIT Inc. (NYSE:VER) which led to swings in the share price. The stock opened for trading at $8.64 and hit $8.755 on the upside , eventually ending the session at $8.75, with a gain of 1.04% or 0.09 points. The heightened volatility saw the trading volume jump to 6,544,521 shares. The 52-week high of the share price is $11.09 and the company has a market cap of $8,524 million. The 52-week low of the share price is at $7.1 .
Vereit Inc Last issued its quarterly earnings results on Nov 2, 2016. The company reported $0.20 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.18. The company had revenue of $362.90 million for the quarter, compared to analysts expectations of $311.67 million. The companys revenue was down -5.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.21 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Vereit Inc was Upgraded by JMP Securities to Mkt Outperform on Jan 9, 2017.
Company has reported several Insider transactions to the SEC, on Jun 9, 2016, Thomas W Roberts (officer ) sold 100,000 shares at 9.82 per share price.On Feb 11, 2016, William G Stanley (director) sold 54,967 shares at 16.17 per share price.On Dec 16, 2015, Paul H Mcdowell (officer ) purchased 6,000 shares at 7.93 per share price.
VEREIT, Inc. is a real estate operating company. The Company owns and manages a diversified portfolio of retail, restaurant, office and industrial real estate assets. VEREIT, Inc., formerly known as American Realty Capital Properties Inc., is based in Phoenix, United States.