EPR Properties (EPR) traded on unusually high volume on Jan. 31, as the stock gained 1.01% to close at $73.06. On the day, EPR Properties saw 743,619 shares trade hands on 8,305 trades. Considering that the stock averages only a daily volume of 473,431 shares a day over the last month, this represents a pretty significant bump in volume over the norm.
Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.
The stock has traded between $72.83 and $51.87 over the last 52-weeks, its 50-day SMA is now $69.16, and its 200-day SMA $65.96. EPR Properties has a P/B ratio of 1.88. It also has a P/E ratio of 21.5.
EPR Properties is a real estate investment trust that invests in, develops, and manages properties in the United States and Canada. The company primarily invests in three segments of properties: entertainment, recreation, and education. The entertainment portfolio, which accounts for the largest proportion of total property value and generates approximately half of total revenue, includes theatres, entertainment retail centres, and family entertainment centres. The recreation portfolio consists of ski parks, water parks, and golf courses. The education portfolio comprises public and private schools, and early childhood centres.
Headquartered in Kansas City, MO, EPR Properties has 63 employees and is currently under the leadership of CEO Gregory K. Silvers.