Following these proceedings, BofA Securities downgraded its Equity Commonwealth [EQC] rating to an Underperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in early May from “a Buy” to “a Neutral”. JMP Securities also remained covering EQC and has decreased its forecast on August 14, 2019 with a “Mkt perform” recommendation from previously “Mkt outperform” rating. Stifel revised its rating on August 01, 2018. It rated EQC as “a Hold” which previously was an “a Buy”.
Price Performance Review of EQC
On Monday, Equity Commonwealth [NYSE:EQC] saw its stock fall -1.86% to $1.58. Over the last five days, the stock has lost -1.86%. Equity Commonwealth shares have fallen nearly -10.73% since the year began. Nevertheless, the stocks have risen 25.08% over the past one year. While a 52-week high of $1.88 was reached on 01/07/25, a 52-week low of $1.26 was recorded on 04/21/25. SMA at 50 days reached $1.6346, while 200 days put it at $11.7261.
Levels Of Support And Resistance For EQC Stock
The 24-hour chart illustrates a support level at 1.5700, which if violated will result in even more drops to 1.5600. On the upside, there is a resistance level at 1.6000. A further resistance level may holdings at 1.6200. The Relative Strength Index (RSI) on the 14-day chart is 42.25, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0060, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 100.00%. Stochastics %K at 46.67% indicates the stock is a holding.
How much short interest is there in Equity Commonwealth?
A steep rise in short interest was recorded in Equity Commonwealth stocks on 2025-03-31, dropping by -0.82 million shares to a total of 0.87 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 1.69 million shares. There was a decline of -94.65%, which implies that there is a negative sentiment for the stock.
