Early Briefing and Review: American Capital Agency Corp., ARMOUR Residential REIT Inc., Apartment Investment & Management Co., and Resource Capital Corp.
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LONDON, October 24, 2013 /PRNewswire/ --
The U.S. equity market edged lower on Wednesday, October 23, 2013, with the S&P 500, the Dow Jones Industrial Average, and the NASDAQ Composite falling by 0.47%, 0.35%, and 0.57%, respectively. Shares in the REIT-residential industry ended on a higher note, even as the broader market posted losses. The major movers in the industry included American Capital Agency Corporation (NASDAQ: AGNC), ARMOUR Residential REIT Inc. (NYSE: ARR), Apartment Investment & Management Company (NYSE: AIV), and Resource Capital Corporation (NYSE: RSO). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at:
American Capital Agency Corp.'s stock rose on Wednesday, even as the broader market declined. The company's shares ended the day 1.01% higher at $24.01, after trading between $23.65 and $24.19. A total of 4.22 million shares were traded, which is below the daily average volume of 6.67 million. The company's shares have gained 2.17% in the previous three trading sessions and 8.79% in the last three months, outperforming the S&P 500, which has advanced 0.11% and 3.19% during the respective periods. Furthermore, American Capital Agency Corp.'s stock is trading above its 50-day moving average of $22.83. Sign up for free report on AGNC at:
On Wednesday, ARMOUR Residential REIT Inc.'s stock edged higher to close at $4.45, up 0.68% from the previous day's closing price of $4.42. The company's shares oscillated between $4.38 and $4.48 during the trading session. A total of 4.22 million shares were traded, which is below the daily average volume of 5.21 million. ARMOUR Residential REIT Inc.'s shares have gained 1.83% in the previous three trading sessions and 7.49% in the last one month, outperforming the S&P 500, which has advanced 0.11% and 2.62% during the respective periods. Additionally, the company's stock is above its 50-day moving average of $4.17. ARR free technical report can be accessed by signing up at:
Shares in Apartment Investment & Management Co. edged 0.44% higher to $29.42 on Wednesday, after vacillating between $29.15 and $29.54. A total of 1.09 million shares were traded, which is above the daily average volume of 0.91 million. Apartment Investment & Management Co.'s shares have advanced 0.27% in the previous three trading sessions and 3.41% in the last one month, outperforming the S&P 500, which has advanced 0.11% and 2.62% during the respective periods. Further, the company's stock is above its 50-day moving average of $28.29. A free report on AIV can be accessed by registering at:
Resource Capital Corp. advanced on Wednesday, reversing all the losses from the previous trading session. The company's shares closed the day 1.32% higher at $6.13, after fluctuating between $6.04 and $6.14 during the trading session. A total of 0.96 million shares were traded, which is at par with the daily average volume. The company's stock has gained 1.66% in the previous three trading sessions, outperforming the S&P 500, which has advanced 0.11% during the same period. Moreover, Resource Capital Corp.'s stock is trading above its 50-day moving average of $5.96. Register with AAA Research Reports and download research on RSO for free at:
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SOURCE AAA Research Reports
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