Washington Prime Group Inc. (NYSE:WPG) has a beta value of 1.45 and has seen 6,918,951 shares traded in the recent trading session. The company, currently valued at $133Million, closed the recent trade at $0.68 per share which meant it gained $0.05 on the day or 7.79% during that session. The WPG stock price is -589.71% off its 52-week high price of $4.69 and 17.79% above the 52-week low of $0.559. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.64 Million shares traded. The 3-month trading volume is 3.79 Million shares.
Washington Prime Group Inc. (NYSE:WPG) trade information
Sporting 7.79% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Sep 15 when the WPG stock price touched $0.75 or saw a rise of 9.13%. Year-to-date, Washington Prime Group Inc. shares have moved -81.28%, while the 5-day performance has seen it change 5.68%. Over the past 30 days, the shares of Washington Prime Group Inc. (NYSE:WPG) have changed -3.15%. Short interest in the company has seen 68.04 Million shares shorted with days to cover at 17.95.
Washington Prime Group Inc. (WPG) estimates and forecasts
Figures show that Washington Prime Group Inc. shares have underperformed across the wider relevant industry. The company’s shares have lost -51.59% over the past 6 months, with this year growth rate of -38.14%, compared to -17.8% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -55.6% and -350% for the next quarter. Revenue growth from the last financial year stood is estimated to be -17.7%.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -15.5% over the past 5 years. Earnings growth for 2020 is a modest -114.5%.