Thought not desirable , since the firm is in specific growth stage , down turn in earnings per share of -8.60% may be short term an issue .. The chart level represents a probable bearish trend, yet prices are yet to confirm any divergence, to simplify charts indicate negative reversals with rsi 39.42 resumption of the downtrend.
Current trends in REIT – Retail industry indicate a better than anticipated results , with forward PE for company is perceived at 55.1X lower PE by 98.53. SL Green Realty Corp. current asset price is 55.1X over its anticipated earnings per share, on the flipside Current markets forecast decrease in earnings for SL Green Realty Corp. .
Considering growth with return and comparing them to the overall market , we have beta of 1.2, is comfortably safe , this offers company versus the overall index has less systematic risk and a better performance rate at 1.2.
Considering Earning per share and Market value of 98.53 growing earnings going forward might be tough , however if you are a value investor downside of assets outperformance is that the stock looks a little high for those looking to buy new position right now.
Total Money flow for the day ended at $903.70mn with tick up at $16805.02mn and tick down at $15901.32mn led to up /down ratio of 1.06x, however markets has seen a steady uptrend supported by $839.29mn in block trades of which $4005.47mn saw bearish sentiment, while $4844.76 were positive flow Supported by a string of factors, sector saw a change of 0.57 closing at 6608.52.
Company trading at -3.27% is below its MA . SL Green Realty Corp. financials are fundamentally solid however are vulnerable in long term with PB at 1.47. Trend indicate company is showing sell test-retest as prices continues at 5.54% below its 52W High . The firm currently is very close to its 52 week high and continue to make reach further highs and higher lows.
SL Green Realty Corp. Corporate Health has been low with ROA coming in lowerin short company continue to see low 0.70% ROA with operations being asset intensive. SL Green Realty Corp. is on track to out grow present 98.53 PE by -10.84% in the next 5Y .
Company 1.50% ROE is not necessarily a thing to avoid with a low but steady equity returns . Total dollar value of outstanding share are reported at $9730.61 ML .