NEW YORK, October 14, 2016 /PRNewswire/ --
Today, Stock-Callers.com reviews the following Financials stocks: Zillow Group Inc. (NASDAQ: ZG), Summit Hotel Properties Inc. (NYSE: INN), LGI Homes Inc. (NASDAQ: LGIH), and Acadia Realty Trust (NYSE: AKR) as the US markets dives back into bearish waters. At the close of Thursday's session, the NASDAQ Composite ended the trading session at 5,213.33, down 0.49%; the Dow Jones Industrial Average edged 0.25% lower, to finish at 18,098.94; and the S&P 500 closed at 2,132.55, down 0.31%. You can access of our complimentary research reports on these stocks now at: http://stock-callers.com/registration
On Thursday, shares in Seattle, Washington headquartered Zillow Group Inc. recorded a trading volume of 868,136 shares. The stock ended the day 1.87% lower at $32.00. The Company is trading above its 200-day moving average by 10.04%. Furthermore, shares of Zillow Group, which operates real estate and home-related information marketplaces on mobile and the Web in the US, have a Relative Strength Index (RSI) of 34.69.
On October 7th, 2016, research firm Needham initiated a 'Buy' rating on the Company's stock, issuing a target price of $40 per share. Visit us today and download your complete report on ZG for free at: http://stock-callers.com/registration/?symbol=ZG
Summit Hotel Properties
Sioux Falls, South Dakota-based Summit Hotel Properties Inc.'s stock finished Thursday's session 1.32% higher at $13.09 with a total volume of 463,432 shares traded. Summit Hotel Properties' shares have advanced 4.30% in the past one year. Shares of the Company, which engages in acquiring, owning, renovating, repositioning, and asset-managing and selling premium-branded limited-service and select-service hotels in the upscale and midscale without food and beverage segments of the US' lodging industry, traded at a PE ratio of 7.56. The Company's shares are trading above its 200-day moving average by 7.30%. Summit Hotel Properties' stock has an RSI of 45.85. The complimentary research report on INN can be accessed at: http://stock-callers.com/registration/?symbol=INN
The Woodlands, Texas headquartered LGI Homes Inc.'s stock declined 1.86%, to close the day at $32.18. The stock recorded a trading volume of 364,496 shares. LGI Homes' shares have gained 9.75% in the past one year. Shares of the Company, which engages in the design, construction, marketing, and sale of new homes in Texas, Arizona, Florida, Georgia, New Mexico, South Carolina, North Carolina, Colorado, Washington, and Tennessee markets, are trading 12.18% above its 200-day moving average. Additionally, the stock traded at a PE ratio of 10.70 and has an RSI of 31.28.
On September 29th, 2016, research firm Wells Fargo initiated an 'Outperform' rating on the Company's stock. Register for free on Stock-Callers.com and download the PDF research report on LGIH at: http://stock-callers.com/registration/?symbol=LGIH
Acadia Realty Trust
On Thursday, shares in White Plains, New York headquartered Acadia Realty Trust ended the session 0.69% higher at $34.91 with a total volume of 263,944 shares traded. Shares of Acadia Realty Trust, which engages primarily in the ownership, acquisition, redevelopment, and management of retail properties in the US, have advanced 0.05% in the last one month and 15.33% in the past one year. The stock traded at a PE ratio of 36.10. The stock is trading 2.03% above its 200-day moving average. Moreover, shares of the Company have an RSI of 45.00. Get free access to your research report on AKR at: http://stock-callers.com/registration/?symbol=AKR
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