Pre-Market Analysis: CommonWealth REIT, Digital Realty Trust Inc., Piedmont Office Realty Trust Inc., and Highwoods Properties Inc. Editor Note: For more information about this release, please scroll to bottom.
LONDON, October 4, 2013 /PRNewswire/ --
On Thursday, October 03, 2013, all three benchmark indexes of the US equity market ended lower, with the S&P 500, the Dow Jones Industrial Average, and the NASDAQ Composite declining by 0.90%, 0.90%, and 1.07%, respectively. Shares in Office REITs mostly ended on a lower note, tracking losses in the broader market. The major movers included CommonWealth REIT (NYSE: CWH), Digital Realty Trust Inc. (NYSE: DLR), Piedmont Office Realty Trust Inc. (NYSE: PDM), and Highwoods Properties Inc. (NYSE: HIW). All these companies are tracked by AAAResearchReports.com. Free technical research on CWH, DLR, PDM, and HIW can be downloaded upon signing up at:
Shares in CommonWealth REIT rose sharply on Thursday, extending the gains from the previous trading session. The company's shares traded between $22.51 and $22.96 before finishing the day 1.15% higher at the intra-day high of $22.96. A total of 0.68 million shares were traded, which is below the daily average volume of 0.83 million. The company's shares have gained 4.79% in the previous three trading session, outperforming the S&P 500 which has fallen by 0.17% during the same period. Furthermore, CommonWealth REIT's stock is trading above its 200-day moving averages of $22.71. Sign up and read the complimentary report on CWH at:
On Thursday, Digital Realty Trust Inc.'s stock plummeted to close at $52.82, down 3.19% from the previous day's closing price of $54.56. The company's shares fluctuated between $52.68 and $55.12 during the trading session. A total of 1.97 million shares were traded, which is above the daily average volume of 1.58 million. The company's shares are down 0.53% in the previous three trading sessions, underperforming the S&P 500 which has fallen by 0.17% during the same period. Additionally, Digital Realty Trust Inc.'s stock is trading below its 50-day and 200-day moving averages of $54.28 and $61.32, respectively. The free report on DLR can be downloaded by signing up now at:
On Thursday, shares in Piedmont Office Realty Trust Inc. stock edged higher to end at $17.60, which is 0.45% lower than the previous day's closing price of $17.68. The company's shares vacillated between $17.48 and $17.74 during the trading session. A total of 1.56 million shares were traded, which is above the daily average volume of 0.98 million. Despite Thursday's losses, the company's shares have advanced 1.38% in the previous three trading sessions and 3.90% in the last one month, outperforming the S&P 500 which has fallen by 0.17% and has gained 2.37% during the respective periods. Moreover, Piedmont Office Realty Trust Inc.'s stock is trading above its 50-day moving average of $17.48. A free report on PDM can be accessed by registering at:
Highwoods Properties Inc.'s stock fell sharply on Thursday, extending the losses from the previous trading session. The company's shares ended the day 1.68% lower at $35.03 after oscillating between $34.63 and $35.65. A total of 0.72 million shares were traded, which is below the daily average volume of 0.77 million. Despite Thursday's sharp losses, Highwoods Properties Inc.'s stock has gained 5.20% in the last one month, outperforming the S&P 500 which has advanced 2.37% during the same period. Further, the company's shares are trading above their 50-day moving average of $34.79. Register with AAA Research Reports and download research on HIW for free at:
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