Pre-Market Technical Scan on REIT Equities -- Franklin Street Properties, CoreSite Realty, Boston Properties, and Alexandria Real Estate Equities
NEW YORK, December 14, 2017 /PRNewswire/ --
In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on FSP, COR, BXP, and ARE which is a click away at www.wallstequities.com/registration. This morning, WallStEquities.com focuses on the following Office REIT stocks: Franklin Street Properties Corp. (NYSE AMER: FSP), CoreSite Realty Corp. (NYSE: COR), Boston Properties Inc. (NYSE: BXP), and Alexandria Real Estate Equities Inc. (NYSE: ARE). According to an article on Forbes, Office, Apartment, and Retail REITs are this year's weak links, averaging 3.09%, 4.26%, and -8.11% in returns, respectively. Get you free stock reports on these stock by registering now on Wall St. Equities at:
www.wallstequities.com/registration
Franklin Street Properties
On Wednesday, shares in Wakefield, Massachusetts-based Franklin Street Properties Corp. recorded a trading volume of 228,619 shares. The stock ended the session 2.10% higher at $10.71. The Company's shares have gained 1.71% in the last one month and 7.42% over the previous three months. The stock is trading 2.15% above its 50-day moving average. Moreover, shares of the Company, which invests in the real estate markets of the US, have a Relative Strength Index (RSI) of 52.51. Get started with a complimentary subscription and access to the free report on FSP at:
www.wallstequities.com/registration/?symbol=FSP
CoreSite Realty
Denver, Colorado headquartered CoreSite Realty Corp.'s stock closed the day 0.81% higher at $116.52 with a total trading volume of 251,978 shares. The Company's shares have advanced 5.06% in the previous three months and 46.81% since the start of this year. The stock is trading 2.32% and 10.53% above its 50-day and 200-day moving averages, respectively. Additionally, shares of CoreSite Realty, which engages in the ownership, acquisition, construction, and management of data centers, have an RSI of 55.15.
On December 07th, 2017, CoreSite Realty announced a cash dividend of $0.98 per share on common stock and common stock equivalents for the fourth quarter of 2017. The dividend will be paid on January 16th, 2018, to shareholders of record on December 29th, 2017. Free research on COR can be accessed at:
www.wallstequities.com/registration/?symbol=COR
Boston Properties
Shares in Massachusetts-based Boston Properties Inc. recorded a trading volume of 761,165 shares, which was higher than their three months average volume of 629,140 shares. The stock ended yesterday's trading session 0.15% higher at $126.37. The Company's shares have advanced 0.35% in the past month, 3.30% in the previous three months, and 0.47% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.30% and 1.05%, respectively. Furthermore, shares of Boston Properties, which together with its subsidiaries, engages in the ownership and development of office properties, have an RSI of 53.22.
On November 21st, 2017, Boston Properties announced that the National Association of Real Estate Investment Trusts awarded the Company its 2017 "Most Innovative Leader in the Light Award." This award is the highest achievement in sustainability innovation for all member REITs and real estate companies. Visit WallStEquities.com now and sign up for the free research on BXP at:
www.wallstequities.com/registration/?symbol=BXP
Alexandria Real Estate Equities
Pasadena, California-based Alexandria Real Estate Equities Inc.'s stock finished Wednesday's session 0.18% lower at $131.16. A total volume of 777,805 shares was traded, which was above their three months average volume of 621,720 shares. The Company's shares have advanced 3.59% in the last one month, 8.55% over the previous three months, and 18.02% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 5.02% and 10.02%, respectively. Additionally, shares of the Company, which engages in the ownership, operation, management, development, acquisition, and redevelopment of properties for the life sciences industry, have an RSI of 65.55.
On December 04th, 2017, research firm Bank of America/ Merrill upgraded the Company's stock rating from 'Neutral' to 'Buy'.
On December 12th, 2017, Alexandria Real Estate Equities announced that it will conduct a conference call and audio webcast on January 30th, 2018, at 3:00 p.m. ET, in conjunction with the release of its operating and financial results for Q4 and year ended December 31st, 2017. The Company will release its operating and financial results after the market closes January 29th, 2018. The free technical report on ARE is available at:
www.wallstequities.com/registration/?symbol=ARE
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