Early Briefing and Review: Two Harbors Investment Corp., Sunstone Hotel Investors Inc., Retail Properties of America Inc., and CubeSmart
Editor Note: For more information about this release, please scroll to bottom
LONDON, October 24, 2013 /PRNewswire/ --
On Wednesday, October 23, 2013, all three benchmark indexes of the US equity market fell, with the Dow Jones Industrial Average, the S&P 500, and the NASDAQ Composite falling by 0.35%, 0.47%, and 0.57%, respectively. Shares in the financial-REITs sector ended mostly on a positive note, even as the broader market edged lower. The major movers included Two Harbors Investment Corporation (NYSE: TWO), Sunstone Hotel Investors Inc. (NYSE: SHO), Retail Properties of America Inc. (NYSE: RPAI), and CubeSmart (NYSE: CUBE). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at:
On Wednesday, Two Harbors Investment Corp.'s stock advanced to close at $9.79, up 0.51% from the previous day's closing price of $9.74. The company's shares vacillated between $9.72 and $9.89 during the trading session. A total of 5.16 million shares were traded, which is above the daily average volume of 4.97 million. The company's shares have gained 1.98% in the previous three trading sessions, outperforming the S&P 500, which has gained 0.11% during the same period. Further, Two Harbors Investment Corp.'s stock is trading above its 50-day moving average of $9.60. Sign up for free report on TWO at:
Sunstone Hotel Investors Inc.'s stock closed at $13.69, up 0.44%, after fluctuating between $13.48 and $13.71 during Wednesday's trading session. A total of 1.04 million shares were traded, which is above the daily average volume of 0.96 million. The company's shares have gained 4.98% in the last one month and 3.48% in the previous three months, outperforming the S&P 500, which has gained 2.62% and 3.19% during the respective periods. Additionally, Sunstone Hotel Investors Inc.'s stock is trading near its 52-week high of $13.94 and also above its 50-day and 200-day moving averages of $12.79 and $12.27, respectively. SHO free technical report can be accessed by signing up at:
Retail Properties of America Inc.'s shares closed the day at $14.33, up 0.42%, after oscillating between $14.10 and $14.35 during the trading session. A total of 1.10 million shares were traded, which is above the daily average volume of 0.94 million. The company's shares have advanced 1.42% in the previous three trading sessions, outperforming the S&P 500, which has advanced 0.11% during the same period. Moreover, Retail Properties of America Inc.'s stock is trading above its 50-day and 200-day moving averages of $13.92 and $14.32, respectively. A free report on RPAI can be accessed by registering at:
Shares in CubeSmart stock fell by 0.31% on Wednesday, tracking losses in the broader market. The company's shares vacillated between $18.85 and $19.10 before finishing the day at $18.99. A total of 1.18 million shares were traded, which is above the daily average volume of 1.12 million. CubeSmart's shares have gained 6.57% in the previous one month and 10.86% in the last three months, outperforming the S&P 500 which has gained 2.62% and 3.19% during the respective periods. Furthermore, the company's stock is trading near its 52-week high of $19.69 and also above its 50-day and 200-day moving averages of $17.75 and $16.42, respectively. Register with AAA Research Reports and download research on CUBE for free at:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com.
- For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE AAA Research Reports
More by this Source
AAAResearchReports.com Technical Input: Darling Intl., Emerson Electric, Textron, and Colfax
Jan 16, 2014, 08:09 ET
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.