Figma Shares Indicated To Open $105/$110
In a challenging market environment, Empire State Realty (NYSE:ESRT) OP LP (ESBA) stock has recorded a new 52-week low, dipping to $7.34. Despite market pressures, InvestingPro data shows the company maintains strong fundamentals with a current ratio of 3.38 and has consistently paid dividends for 13 consecutive years. This latest price level reflects a significant downturn from the company’s performance over the past year, with ESBA experiencing a 1-year change decrease of -20.21%. Investors are closely monitoring the stock as it navigates through the current economic headwinds, which have impacted the real estate sector and investor sentiment. The 52-week low serves as a critical indicator for the company’s near-term prospects and potential for recovery. According to InvestingPro analysis, the company maintains a healthy financial profile with a notable free cash flow yield of 12%, suggesting potential value for long-term investors. Get access to 6 more exclusive ProTips and comprehensive financial metrics with InvestingPro.
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