Seritage Growth Properties (NYSE: SRG) Could Post Excellent Profits?

In today’s recent session, 2.99 million shares of the Seritage Growth Properties (NYSE:SRG) have been traded, and its beta is 2.67. Most recently the company’s share price was $6.30, and it changed around -$3.02 or -32.35% from the last close, which brings the market valuation of the company to $354.72M. SRG at last check was trading at a discount to its 52-week high of $9.92, offering almost -57.46% off that amount. The share price’s 52-week low was $7.07, which indicates that the recent value has fallen by an impressive -12.22% since then. We note from Seritage Growth Properties’s average daily trading volume that its 3-month average coming to 337.46K.

Seritage Growth Properties stock received a consensus recommendation rating of Hold, based on a mean score of 1.00. If we narrow it down even further, the data shows that 1 out of 2 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended SRG as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Seritage Growth Properties is expected to report earnings per share of $0 for the current quarter.

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Seritage Growth Properties (NYSE:SRG) trade information

Instantly SRG has been showing red trend so far today with a performance of -32.35% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently down -32.57% year-to-date, but still down -33.00% over the last five days. On the other hand, Seritage Growth Properties (NYSE:SRG) is -32.64% down in the 30-day period. Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -5.25%.