REITs Stocks Review -- Research on Liberty Property Trust, Chambers Street Properties, American Tower, and Rayonier Editor Note: For more information about this release, please scroll to bottom
LONDON, July 9, 2014 /PRNewswire/ --
The US markets on Tuesday, July 08, 2014 ended on a negative note as the Dow Jones Industrial Average finished at 16,906.62, down 0.69% and the NASDAQ Composite closed at 4,391.46, down 1.35%. The S&P 500 finished the session 0.70% lower at 1,963.71. During the trading session, nine out of ten sectors finished on a lower note. The S&P 500 Financials Sector Index ended the day at 306.42, down 0.86%, whereas the index has advanced 3.98% in the previous three months. Investor-Edge has initiated coverage on the following equities: Liberty Property Trust (NYSE: LPT), Chambers Street Properties (NYSE: CSG), American Tower Corp. (NYSE: AMT) and Rayonier Inc. (NYSE: RYN). Free technical research on LPT, CSG, AMT and RYN can be downloaded upon signing up at:
On Tuesday, shares in Liberty Property Trust fluctuated between $37.31 and $37.58 before ending the session 0.08% higher at $37.54. The stock reported a trading volume of 0.95 million shares, above its three months average volume of 0.70 million shares. Shares of the company traded at a PE ratio of 48.13. Liberty Property Trust's shares have fallen by 1.13% in the previous three trading sessions and 5.08% in the last one month, while the stock has advanced 10.84% on YTD basis. The company's shares are trading above their 200-day moving averages. Moreover, the stock's 50-day moving average of $38.08 is greater than its 200-day moving average of $36.40. Shares of Liberty Property Trust have a Relative Strength Index (RSI) of 41.33. Sign up today to read free research on LPT at:
Chambers Street Properties' stock edged 0.37% higher, to close the day at $8.04. The stock recorded a trading volume of 0.95 million shares, below its three months average volume of 1.32 million shares. The company shares oscillated between $8.03 and $8.13 during the session. Over the last one month, Chambers Street Properties' shares have fallen by 1.59%. However, the stock has advanced 4.82% in the previous three months and 5.10% since the start of this year. The stock is trading above its 50-day moving average of $7.93, while the 50-day moving average is below Chambers Street Properties' 200-day moving average of $8.11. Additionally, the stock traded at a PE ratio of 730.64 and has an RSI of 48.52. Sign up today to read free research on CSG at:
On Tuesday, shares in American Tower Corp. recorded a trading volume of 1.75 million shares, close to its three months average volume of 1.79 million shares. The stock ended the day at $90.36, which was 0.41% below its previous day's closing of $90.73, and registered an intraday range of $90.00 and $90.80. Shares of the company traded at a PE ratio of 61.51. Although American Tower Corp.'s stock has edged 0.07% lower in the last one month, it has advanced 0.69% in the previous three trading sessions and 13.20% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $88.34 and $81.71, respectively. Furthermore, shares of American Tower Corp. have an RSI of 66.13. Sign up today to read free research on AMT at:
Rayonier Inc.'s stock finished the Tuesday's session 0.40% lower at $35.06. A total of 1.60 million shares were traded, higher than its three months average volume of 0.90 million shares. The stock vacillated between $34.83 and $35.21 during the session. Over the previous three trading sessions and over the last three months, Rayonier Inc.'s shares have advanced 0.26% and 3.81%, respectively. Additionally, from the beginning of 2014, the company's stock has gained 11.58%. The stock is trading above its 50-day and 200-day moving averages. Rayonier Inc.'s 50-day moving average of $34.91 is above its 200-day moving average of $34.75. Moreover, the company's stock traded at a PE ratio of 17.19 and has an RSI of 47.55. Sign up today to read free research on RYN at:
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