Before the Bell Scans: Newcastle Investment, Lexington Realty Trust, Cousins Properties, and RAIT Financial Trust
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LONDON, June 25, 2013 /PRNewswire/ --
On Monday, June 24, 2013, shares in REITs ended mostly lower, tracking losses in the broader market. The major movers in the sector included Newcastle Investment Corp. (NYSE: NCT), Lexington Realty Trust (NYSE: LXP), Cousins Properties Inc. (NYSE: CUZ), and RAT Financial Trust (NYSE: RAS). All these companies are tracked by AAAResearchReports.com. Free technical research on NCT, LXP, CUZ, and RAS can be downloaded upon sign up at
http://www.aaaresearchreports.com/register/
Shares in Newcastle Investment Corp. tumbled on Monday, extending their losses from previous trading sessions. The company's shares ended the day 3.40% lower at $4.83 after hitting a 52-week low of $4.70. A total of 8.75 million shares were traded which is slightly above the daily average volume of 8.49 million. Newcastle Investment's shares have now fallen 8.17% in the last three trading sessions. Newcastle Investment Corp. currently has a dividend yield of 14.08%. Sign up today to read free research report on NCT at:
http://www.AAAResearchReports.com/NCT062513.pdf
Lexington Realty Trust's stock moved 1.30% lower on Monday, tracking losses in the broader market. The company's shares oscillated between $11.08 and $11.70 before ending the day at $11.35. A total of 2.92 million shares were traded which is above the daily average volume of 2.05 million. Lexington Realty's shares have fallen 4.78% in the last three trading sessions. The stock is currently trading below its 50-day moving average of $12.51. The REIT has a dividend yield of 5.29%. Register to download free technical analysis on LXP at:
http://www.AAAResearchReports.com/LXP062513.pdf
Shares in Cousins Properties Inc. fell sharply on Monday as the broader market struggled. The company's shares hit an intraday low of $9.47 before closing the day 1.24% lower at $9.56. A total of 1.40 million shares were traded which is above the daily average volume of 842,376. Cousins Properties' shares have fallen 3.43% in the last three trading sessions. The stock is still trading above its 200-day moving average of $9.24. A free report on CUZ can be accessed by registering at:
http://www.AAAResearchReports.com/CUZ062513.pdf
RAIT Financial Trust's shares ended the day at $7.30, down 2.67%, after trading between $7.06 and $7.41. A total of 917,155 shares were traded which is above the daily average volume of 694,231. The company's shares have declined 4.45% in the last three trading sessions. The RAIT currently has a dividend yield of 7.12%. Register with AAA Research Reports and download the research on RAS for free at:
http://www.AAAResearchReports.com/RAS062513.pdf
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SOURCE AAA Research Reports
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