Quotidian Technical Highlights on Selected REIT Stocks -- Orchid Island Capital, Equity Residential, New York Mortgage Trust, and Apartment Investment and Management
NEW YORK, Dec. 19, 2017 /PRNewswire/ -- In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on ORC, EQR, NYMT, and AIV which is a click away at www.wallstequities.com/registration. Seeking Alpha reported that the "e-REIT" sectors - Data Centers, Cell Towers, and Industrials - were the winners yet again in 2017. Residential REITs also topped expectations. Retail REITs remain the laggards despite the recent rally. For today, WallStEquities.com redirects investors' attention to the Residential REIT space to see how select companies have fared over the past few trading sessions: Orchid Island Capital Inc. (NYSE: ORC), Equity Residential (NYSE: EQR), New York Mortgage Trust Inc. (NASDAQ: NYMT), and Apartment Investment and Management Co. (NYSE: AIV). Wall St. Equities has a wide array of free research reports which include today's stock picks, register now to access them at:
www.wallstequities.com/registration
Orchid Island Capital
On Monday, shares in Vero Beach, Florida headquartered Orchid Island Capital Inc. recorded a trading volume of 1.79 million shares, which was above their three months average volume of 959,350 shares. The stock ended at $9.49, declining 0.94% from the last trading session. The Company's shares are trading below their 50-day moving average by 4.05%. Furthermore, shares of the Company, which invests in residential mortgage-backed securities in the US, have a Relative Strength Index (RSI) of 36.12.
On December 13th, 2017, Orchid Island Capital announced that its Board of Directors declared a monthly cash dividend for the month of December 2017. The dividend of $0.14 per share will be paid on January 10th, 2018, to holders of record on December 29th, 2017, with an ex-dividend date of December 28th, 2017. Follow the link below to your free research report on ORC at:
www.wallstequities.com/registration/?symbol=ORC
Equity Residential
Chicago, Illinois headquartered Equity Residential's stock finished yesterday's session 0.09% lower at $65.60. A total volume of 1.60 million shares was traded, which was above their three months average volume of 1.56 million shares. The Company's shares have gained 1.93% on an YTD basis. The stock is trading slightly below its 200-day moving average by 0.73%. Furthermore, shares of Equity Residential, which engages in the acquisition, development, and management of multifamily properties in the US, have an RSI of 41.37. The free technical report on EQR can be accessed at:
www.wallstequities.com/registration/?symbol=EQR
New York Mortgage Trust
At the close of trading on Monday, shares in New York Mortgage Trust Inc. saw a decline of 0.16%, ending the day at $6.30. The stock recorded a trading volume of 832,093 shares. The Company's shares are trading 0.17% and 0.37% above their 50-day and 200-day moving averages, respectively. Moreover, shares of the Company, which acquires, invests in, finances, and manages mortgage-related and residential housing-related, and financial assets in the US, have an RSI of 43.87.
On December 07th, 2017, New York Mortgage Trust announced that its Board of Directors declared a regular quarterly cash dividend of $0.20 per share on shares of its common stock for the quarter ending December 31st, 2017. The dividend will be payable on January 25th, 2018, to common stockholders of record as of December 18th, 2017. Sign up for free on Wall St. Equities and claim the latest report on NYMT at:
www.wallstequities.com/registration/?symbol=NYMT
Apartment Investment and Management
Denver, Colorado headquartered Apartment Investment and Management Co.'s shares ended the day 0.87% higher at $44.22. A total volume of 937,159 shares was traded, which was above their three months average volume of 889,320 shares. The stock is trading 0.19% below its 200-day moving average. Additionally, shares of the Company, which engages in the acquisition, ownership, management, and redevelopment of apartment properties, have an RSI of 51.30.
On November 22nd, 2017, Apartment Investment and Management announced that its 2017 donation of $120,000 is helping students, who live in affordable, subsidized housing across the US, pursue higher education. The donation, raised in the 14th Annual Aimco Cares Charity Golf Classic, brings the Company's total contribution to the National Leased Housing Association Education Fund to more than $1 million in the last eight years.
On December 12th, 2017, research firm Raymond James downgraded the Company's stock rating from 'Strong Buy' to 'Outperform'. See the free research coverage on AIV at:
www.wallstequities.com/registration/?symbol=AIV
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