Technical Briefing: Strategic Hotels & Resorts Inc., Hospitality Properties Trust, Ventas Inc., and Corporate Office Properties Trust Editor Note: For more information about this release, please scroll to bottom
LONDON, September 13, 2013 /PRNewswire/ --
The U.S. equity market slipped on Thursday, September 12, 2013. All three benchmark indexes closed lower, with the Dow Jones Industrial Average falling by 0.17%, the S&P 500 losing 0.34%, and the NASDAQ Composite declining 0.24%. Shares in the financial-REIT sector ended on a lower note, tracking losses in the broader market. The major movers in the sector included Strategic Hotels & Resorts Inc. (NYSE: BEE), Hospitality Properties Trust (NYSE: HPT), Ventas Inc. (NYSE: VTR), and Corporate Office Properties Trust (NYSE: OFC). All these companies are tracked by AAAResearchReports.com. Free technical research reports on BEE, HPT, VTR, and OFC can be accessed by signing up at:
On Thursday, Strategic Hotels & Resorts Inc.'s stock ended 1.41% lower, extending its losses from the previous trading session. The company's shares oscillated between $8.36 and $8.56 before closing the day at $8.38. A total of 1.12 million shares were traded, which is below the daily average volume of 1.50 million. Despite Thursday's decline, the company's shares have gained 8.69% in the last three months, outperforming the S&P 500 which has gained 4.40% during the same period. Additionally, Strategic Hotels & Resorts Inc.'s stock is trading above its 200-day moving average of $7.87. Download free report on BEE upon registration at:
Hospitality Properties Trust's stock edged lower on Thursday, tracking losses in the broader market. The company's shares closed the day at $27.27, down 0.87%, after oscillating between $27.24 and $27.79. A total of 0.39 million shares were traded, which is below the daily average volume of 0.92 million. The company's shares have gained 0.33% in the previous three trading sessions and 3.26% in the last three months, underperforming the S&P 500 which has gained 0.70% and 4.40% during the respective periods. Furthermore, Hospitality Properties Trust's stock is trading above its 200-day moving average of $26.79. HPT technical report can be accessed for free by signing up at:
On Thursday, Ventas Inc.'s stock fell sharply as the broader markets finished on a negative note. The company's shares ended the day at $60.71, which is 1.08% lower than the previous day's price of $61.37. The stock fluctuated between $60.63 and $61.97 during the trading session. A total of 0.93 million shares were traded, which is below the daily average volume of 1.71 million. The company's shares have lost 2.33% in the previous three trading sessions, underperforming the S&P 500 which has gained 0.70% during the same period. Further, Ventas Inc.'s stock is trading below its 50-day and 200-day moving averages of $65.46 and $69.30, respectively. A free report on VTR can be accessed by registering at:
Shares in Corporate Office Properties Trust edged lower by 0.97% on Thursday, tracking losses in the broader market. The company's shares ended the day at $23.48 after oscillating between $23.44 and $23.88 during the trading session. A total of 0.61 million shares were traded, which is marginally above the daily average volume of 0.59 million. The company's shares have lost 1.22% in the previous three trading sessions, compared to a gain of 0.70% in the S&P500 during the same period. Moreover, Corporate Office Properties Trust's stock is below its 50-day and 200-day moving averages of $25.22 and $26.23, respectively. Register with AAA Research Reports and download research on OFC for free at:
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