Retail Opportunity Investments (ROIC) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($15.74 million) and the uptick to downtick ratio was 0.39. The transaction value on upticks was $10.15 million and on downticks, the transaction value was $25.89 million. The transaction value of block trades during downticks was $14.6 million. The money flow was negative ($14.6 million), indicating the traders were booking profit on the price strength. Retail Opportunity Investments (ROIC) rose $0.07 at $22.1, during intraday Thursday , a rise of 0.32% over the previous days close.
Retail Opportunity Investments (ROIC) : Currently there are 9 street experts covering Retail Opportunity Investments (ROIC) stock. The most bullish and bearish price target for the stock is $24 and $19 respectively for the short term. The average price target of all the analysts comes to $21.33. The estimated standard deviation from the target is $1.94. The stock has recorded a 20-day Moving Average of 5.37% and the 50-Day Moving Average is 8.2%.
Retail Opportunity Investments (NASDAQ:ROIC): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $21.85 and $21.57 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $22.16. The buying momentum continued till the end and the stock did not give up its gains. It closed at $22.10, notching a gain of 0.32% for the day. The total traded volume was 5,585,472 . The stock had closed at $22.03 on the previous day.
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.