Retail Opportunity Investments (ROIC) : During the past 4 weeks, traders have been relatively bearish on Retail Opportunity Investments (ROIC), hence the stock is down -2.31% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.39% relative to the S&P 500. The 4-week change in the price of the stock is -2.83% and the stock has fallen -2.23% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.2% and the 50-Day Moving Average is 0.51%.The 200 Day SMA reached 10.39%
Retail Opportunity Investments (NASDAQ:ROIC): The stock opened in the green at $22.21 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $22.32 and a low of $21.96 for the day. The stock did not find buyers even at the lows and closed at $21.96 recording a loss of -0.77%. 1,226,454 shares exchanged hands during the trading day. The stock had closed at $21.96 in the previous days trading.
Retail Opportunity Investments (ROIC) : The highest short term price target forecast on Retail Opportunity Investments (ROIC) is $26 and the lowest target price is $20. A total of 9 equity analysts are currently covering the company. The average price of all the analysts is $23.44 with a standard deviation of $2.46.
Retail Opportunity Investments Corp. (ROIC) is an integrated, self-managed real estate investment trust (REIT). The Company is engaged in the ownership, management, and redevelopment of retail real estate properties. The Company also operates in the acquisition, ownership and management of necessity-based community and neighborhood shopping centers on the west coast of the United States, anchored by supermarkets and drugstores. The Company focuses on acquiring shopping centers located in densely populated, supply-constrained metropolitan markets in the western regions of the United States. The Company also focuses on acquiring necessity-based community and neighborhood shopping centers anchored by national and regional supermarkets and drugstores. The Companys wholly-owned subsidiary, Retail Opportunity Investments GP, LLC, is the general partner of the Operating Partnership.