- TCO has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $43.0 million.
- TCO has traded 217,379 shares today.
- TCO traded in a range 270.2% of the normal price range with a price range of $3.36.
- TCO traded below its daily resistance level (quality: 446 days, meaning that the stock is crossing a resistance level set by the last 446 calendar days. The resistance price is defined by the Price - $0.01 at the time of the signal).
Stocks matching the 'Water-Logged and Getting Wetter' criteria are worthwhile stocks to watch for a variety of factors including historical back testing and volatility. Trade-Ideas targets these opportunities because the stock is exhibiting an unusual behavior while displaying negative price action. In this case, the stock crossed an important inflection point; namely, "support" while at the same time the range of the stock's movement in price is twice its normal size. This large range foreshadows a possible continuation as the stock moves lower. EXCLUSIVE OFFER: Get the inside scoop on opportunities in TCO with the Ticky from Trade-Ideas. See the FREE profile for TCO NOW at Trade-Ideas
- 43.90% is the gross profit margin for TAUBMAN CENTERS INC which we consider to be strong. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of 24.24% trails the industry average.
- The revenue fell significantly faster than the industry average of 8.5%. Since the same quarter one year prior, revenues fell by 21.8%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.
- The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. Compared to other companies in the Real Estate Investment Trusts (REITs) industry and the overall market, TAUBMAN CENTERS INC's return on equity significantly exceeds that of both the industry average and the S&P 500.
- TAUBMAN CENTERS INC has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. This company has reported somewhat volatile earnings recently. We feel it is likely to report a decline in earnings in the coming year. During the past fiscal year, TAUBMAN CENTERS INC increased its bottom line by earning $13.46 versus $1.71 in the prior year. For the next year, the market is expecting a contraction of 86.0% in earnings ($1.89 versus $13.46).
- The share price of TAUBMAN CENTERS INC has not done very well: it is down 5.19% and has underperformed the S&P 500, in part reflecting the company's sharply declining earnings per share when compared to the year-earlier quarter. Looking ahead, although the push and pull of the overall market trend could certainly make a critical difference, we do not see any strong reason stemming from the company's fundamentals that would cause a continuation of last year's decline. In fact, the stock is now selling for less than others in its industry in relation to its current earnings.
- You can view the full Taubman Centers Ratings Report.
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