(CIO) City Office - Ratings and Ratios

City Office REIT, Inc. is a Maryland-based real estate investment trust that went public in April 2014 with an initial public offering, subsequently contributing the proceeds to its operating partnership, City Office REIT Operating Partnership, L.P., in exchange for common units of limited partnership interest.

The company is listed on the NYSE under the ticker symbol CIO, categorized under the Diversified REITs sub-industry, and has its roots in Canada. For more information, you can visit their official website at https://www.cioreit.com.

Analyzing the technical data, the stocks last price was $4.91, slightly below its 20-day simple moving average (SMA) of $4.94, indicating a potential short-term bearish trend. However, it is above its 50-day SMA of $4.89, suggesting a longer-term bullish outlook. The stocks 200-day SMA stands at $5.16, a level it has not reached recently, indicating a possible resistance level. The average true range (ATR) is $0.23, or 4.75%, showing moderate volatility. The stock has traded between $4.32 and $5.93 over the past 52 weeks.

From a fundamental perspective, City Office REIT has a market capitalization of $200.58 million. The absence of a price-to-earnings (P/E) ratio suggests the company is currently not profitable or has negative earnings. The forward P/E ratio is high at 384.62, indicating high growth expectations. The return on equity (RoE) is negative at -2.78%, suggesting the company is currently not generating profits for its shareholders.

Combining both technical and fundamental data, a forecast for City Office REIT can be constructed. Given the current technical indicators and the fundamental data, the stock may face a challenging period. The high forward P/E ratio suggests that the market expects significant future earnings growth, but the current negative RoE and lack of a P/E ratio indicate that the company is not yet profitable. If the company can turn its RoE positive and demonstrate profitability, the stock could potentially move towards its 52-week high. However, failure to achieve this could result in the stock testing its 52-week low. Therefore, a cautious approach is recommended, closely monitoring the companys future earnings reports and adjusting the investment thesis accordingly.