REITs Stocks Technical Update -- Research on Digital Realty Trust, Piedmont Office Realty Trust, Mack-Cali Realty and CommonWealth REIT Editor Note: For more information about this release, please scroll to bottom
LONDON, March 21, 2014 /PRNewswire/ --
On Thursday, March 20, 2014, the NASDAQ Composite finished at 4,319.29, up 0.27%, the Dow Jones Industrial Average rose 0.67% to 16,331.05, and the S&P 500 closed at 1,872.01, up 0.60%. The gains were broad based with nine out of ten sectors ending the session in positive. The S&P 500 Financials Sector Index finished the day at 302.25, up 1.65%, and the same has gained 4.72% in the last one month. Investor-Edge has initiated coverage on the following equities: Digital Realty Trust Inc. (NYSE: DLR), Piedmont Office Realty Trust Inc. (NYSE: PDM), Mack-Cali Realty Corp. (NYSE: CLI) and CommonWealth REIT (NYSE: CWH). Free technical research on DLR, PDM, CLI and CWH can be downloaded upon signing up at:
Shares in Digital Realty Trust Inc. recorded a trading volume of 2.19 million shares, as compared with a three months average volume of 1.49 million shares. The stock ended the day at $49.77, down 1.03% after vacillating between $48.85 and $50.34. Shares of the company traded at a PE of 24.04. Digital Realty Trust Inc.'s shares have fallen by 5.69% in the previous three trading sessions and 4.45% in the last one month, but they have advanced 1.32% on YTD basis. Further, the company's stock is trading below its 50-day and 200-day moving averages. Digital Realty Trust Inc.'s 200-day moving average of $53.60 is above the 50-day moving average of $52.24. Additionally, shares of the company are trading at a Relative Strength Index (RSI) of 38.80. Sign up today to read free research on DLR at:
On Thursday, shares in Piedmont Office Realty Trust Inc. edged 0.24% higher, finishing the session at $16.63. The stock recorded trading volume of 0.83 million shares as compared to a three months average volume of 1.17 million shares. The stock fluctuated between $16.37 and $16.63 during the session. Shares of the company traded at a PE ratio of 43.11. Piedmont Office Realty Trust Inc.'s stock has advanced 0.67% on YTD basis, while the same has fallen by 0.48% in the previous three trading sessions and 3.15% in the last one month. The stock is trading below its 50-day and 200-day moving averages. Piedmont Office Realty Trust Inc.'s 200-day moving average of $17.39 is above the 50-day moving average of $16.75. Moreover, the stock is trading at an RSI of 41.55. Sign up today to read free research on PDM at:
Mack-Cali Realty Corp.'s stock reported a trading of 0.81 million shares, as compared with a three months average volume of 1.17 million shares. The stock ended the day at $20.75, down 1.14% and at an intraday range of $20.62 and $20.95. Mack-Cali Realty Corp.'s stock has fallen by 2.44% in the previous three trading sessions, 3.58% in the last one month, and 3.40% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. Mack-Cali Realty Corp.'s 200-day moving average of $21.92 is above the 50-day moving average of $21.05. Furthermore, the stock is trading at an RSI of 41.05. Sign up today to read free research on CLI at:
On Thursday, CommonWealth REIT's stock lost 1.21% to close at $27.02. A total of 1.29 million shares were traded, which is above the three months average volume of 1.01 million. The stock oscillated between $26.61 and $27.28 during the trading session. Shares of the company traded at a PE ratio of 31.88. CommonWealth REIT's shares have fallen by 0.66% in the previous three trading sessions and 0.04% in the last one month, while the same have gained 15.92% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. CommonWealth REIT's 50-day moving average of $25.55 is above the 200-day moving average of $23.98. Furthermore, the stock is trading at an RSI of 59.79. Sign up today to read free research on CWH at:
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