At last check in after-hours trading, shares of SITE Centers Corp. (SITC) were down -9.41% at $14.5035. SITE Centers (SITC) stock closed the last session at $16.01, increasing 2.83% or $0.44. Shares of the company fluctuated between $15.52 and $16.01 throughout the day. The number of shares exchanged was 1.98 million, greater than the company’s 50-day daily volume of 1.94 million and higher than its Year to date volume of 1.96 million.
In the past 12 months, SITE Centers (SITC) stock has retreated 20.01%, and in the last week, the stock has moved up 2.10%. For the last six months, the stock has gained a total of 3.16%, and over the last three months, the stock has decreased by -4.99%. The stock has returned 1.14% so far this year. Additionally, the stock is trading at a price-to-earnings ratio of 118.59. SITC stock lost in extended trades after an SEC filing.
What SITC has documented with SEC?
SITE Centers (SITC) is a proprietor and supervisor of outside malls situated in rural, high family pay networks. SITC is a self-directed and independent REIT working as a completely coordinated land organization and is public on the New York Stock Exchange under the ticker image SITC.
In an SEC filing last Thursday, SITE Centers (SITC) submitted to the authorities that Ms. Vesy Christa A, EVP, and CAO, performed an insider trading on Feb 22, 2022.
- The executive came disposing 5,143 shares of the company stock at a selling price of $15.48 for a total amount of $121,021.
- Those shares include 274.0736 additional restricted stock units (“RSUs”) accrued on an exempt basis on account of the dividend equivalents reinvestment feature of an RSU award made to Ms. Vesy on September 11, 2021.
- The disposed shares also include an annual grant of RSUs made in accordance with the terms of the executive’s employment agreement.
- These RSUs vest ratably on the first, second, and third anniversaries of the grant date.
SITE Centers declared ascent in profit
SITE Centers (SITC) additionally as of late announced a first-quarter 2022 profit on its not unexpected stock. The profit sum will be $0.13 per share which addresses an 8% increment from the final quarter 2021 profit. SITC will deliver the profit on April 7, 2022, to investors of record at the end of business on March 17, 2022.
