Quick Market Round-up Before the Bell: Host Hotels & Resorts, Equity Residential, UDR Inc., and LaSalle Hotel Properties
LONDON, December 6, 2013 /PRNewswire/ --
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On Thursday, December 05, 2013, the U.S. equity market edged lower with the S&P 500 ending the day at 1,785.03, down 0.43%; the Dow Jones Industrial Average closing at 15,821.51, down 0.43%; and the NASDAQ Composite finishing at 4,033.17, down 0.12%. The S&P 500 Financials Sector Index ended the day at 283.71, down 0.91%. However, the S&P 500 Real Estate Investment Trusts REITS Industry Index gained 0.24% to close at 148.49 and the same has advanced 0.52% in the previous three trading sessions and 2.28% in the last three months, compared to a loss of 0.88% and a gain of 7.85% in the S&P 500 during the respective periods. The major movers in the industry included Host Hotels & Resorts Inc. (NYSE: HST), Equity Residential (NYSE: EQR), UDR Inc. (NYSE: UDR), and LaSalle Hotel Properties (NYSE: LHO). AAAResearchReports.com has completed their technical analysis on HST, EQR, UDR, and LHO and these free reports are accessible by registering at:
http://www.aaaresearchreports.com/register/
Shares in Host Hotels & Resorts Inc. edged higher on Thursday closing the day at $18.20, up 0.28% from the previous day's closing price of $18.15. The company's shares vacillated between $17.99 and $18.30 during the trading session. A total of 5.77 million shares were traded, which is below the daily average volume of 5.85 million. The company's shares have gained 0.05% in the previous three trading sessions and 6.43% in the last three months, compared to a loss of 0.88% and a gain of 7.85% in the S&P 500 during the respective periods. Additionally, Host Hotels & Resorts Inc.'s stock is trading above its 200-day moving average of $17.75. Sign up for free technical research on HST at:
http://www.AAAResearchReports.com/HST120613.pdf
On Thursday, Equity Residential's stock fell 0.59%, tracking losses in the broader market. The company's shares traded between $52.25 and $53.09 before ending the day at $52.62. A total of 1.90 million shares were traded, which is above the daily average volume of 1.88 million. Despite Thursday's pullback, the company's shares have gained 1.86% in the previous three trading sessions and 1.70% in the last three months, compared to a loss of 0.88% and a gain of 7.85% in the S&P 500 during the respective periods. Furthermore, Equity Residential's stock is trading below its 50-day and 200-day moving averages of $52.94 and $55.38, respectively. Be sure to read our latest technical research on EQR by registering at:
http://www.AAAResearchReports.com/EQR120613.pdf
UDR Inc.'s stock ended flat on Thursday, even as the broader market edged lower. The company's shares finished the day at the previous day's closing price of $24.11, after fluctuating between $23.74 and $24.14. A total of 1.62 million shares were traded, which is below the daily average volume of 1.45 million. The company's shares have gained 2.68% in the previous three trading sessions and 7.73% in the last three months, compared to a loss of 0.88% and a gain of 7.85% in the S&P 500 during the respective periods. Furthermore, UDR Inc.'s stock is trading above its 50-day moving average of $24.09. Sign up and read the complimentary report on UDR at:
http://www.AAAResearchReports.com/UDR120613.pdf
On Thursday, shares in LaSalle Hotel Properties edged 0.17% higher to close the day at $30.18 as opposed to the previous day's closing price of $30.13. The company's shares oscillated between $29.91 and $30.30 during the trading session. A total of 0.61 million shares were traded, which is below the daily average volume of 0.84 million. The company's shares have gained 13.12% in the previous three months, outperforming the S&P 500 which has gained 7.85%, during the same period. Further, LaSalle Hotel Properties' stock is trading above its 200-day moving average of $27.26. The free report on LHO can be downloaded by signing up now at:
http://www.AAAResearchReports.com/LHO120613.pdf
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SOURCE AAA Research Reports
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