REITs Equities under Review -- Research on General Growth Properties, Glimcher Realty Trust, Simon Property, and Pennsylvania Real Estate Investment Trust

LONDON, June 2, 2014 /PRNewswire/ --

The trading session on Friday, May 30, 2014 ended on a mixed note as the Dow Jones Industrial Average finished at 16,717.17, up 0.11% and the NASDAQ Composite closed at 4,242.62, down 0.13%. The S&P 500 finished the day 0.18% higher at 1,923.57. During the trading session, eight out of ten sectors finished on a positive note. The S&P 500 Financials Sector Index edged 0.22% higher to close the day at 299.78, and the index has advanced 1.17% in the previous one month. Investor-Edge has initiated coverage on the following equities: General Growth Properties Inc. (NYSE: GGP), Glimcher Realty Trust (NYSE: GRT), Simon Property Group Inc. (NYSE: SPG) and Pennsylvania Real Estate Investment Trust (NYSE: PEI). Free technical research on GGP, GRT, SPG and PEI can be downloaded upon signing up at:

http://www.investor-edge.com/3287-register

Shares in General Growth Properties Inc. gained 0.76% on Friday, closing the day at $23.83. The stock recorded a trading volume of 8.29 million shares, much above its three months average volume of 4.34 million shares. The stock oscillated between $23.50 and $23.85 during the session. Over the previous three trading sessions and in the last one month, General Growth Properties Inc.'s shares have gained 1.10% and 3.74%, respectively. Moreover, the stock has surged 18.73% from the beginning of 2014. The company's shares are trading above their 50-day and 200-day moving averages. General Growth Properties Inc.'s 50-day moving average of $22.78 is above its 200-day moving average of $21.10. Furthermore, the company's stock traded at a PE ratio of 56.74 and has a Relative Strength Index (RSI) of 69.27. Sign up today to read free research on GGP at:

http://www.investor-edge.com/3287-GGP-02Jun2014.pdf

Glimcher Realty Trust's stock finished Friday's trading session 1.10% higher at an intra-day high of $11.02. A total of 2.29 million shares were traded, which was above its three months average volume of 1.34 million shares. The stock moved between $10.86 and $11.02 during the session. Glimcher Realty Trust's stock has advanced 0.64% in the previous three trading sessions and 8.15% in the last one month. Additionally, the stock has gained 17.74% since the start of this year. The company's shares are trading above their 50-day and 200-day moving averages of $10.22 and $9.86, respectively. Further, Glimcher Realty Trust's stock has an RSI of 73.54. Sign up today to read free research on GRT at:

http://www.investor-edge.com/3287-GRT-02Jun2014.pdf

On Friday, shares in Simon Property Group Inc. fluctuated between $164.04 and $166.65 before ending the session 0.71% higher at $166.46. The company's stock reported a trading volume of 1.98 million shares, above its three months average volume of 1.31 million shares. The company's stock traded at a PE ratio of 37.58. Shares in Simon Property Group Inc. have advanced 0.28% in the previous three trading sessions, 2.22% in the last one month and 16.35% on YTD basis. Simon Property Group Inc.'s stock is trading above its 50-day and 200-day moving averages of $160.11 and $148.43, respectively. Moreover, the company's shares have an RSI of 65.34. Sign up today to read free research on SPG at:

http://www.investor-edge.com/3287-SPG-02Jun2014.pdf

Shares in Pennsylvania Real Estate Investment Trust recorded a trading volume of 0.90 million shares, which was above its three months average volume of 0.79 million shares. The stock ended the day at $17.95, which was 1.10% lower its previous day's closing of $18.15, and registered an intraday range of $17.91 and $18.31. Shares in Pennsylvania Real Estate Investment Trust have gained 8.46% in the last one month, although, the company's shares have lost 2.29% in the previous three trading sessions and 5.43% on YTD basis. The company's stock is trading above its 50-day moving average. The stock's 50-day moving average of $17.53 is below its 200-day moving average of $18.25. Additionally, shares of the company have an RSI of 55.73. Sign up today to read free research on PEI at:

http://www.investor-edge.com/3287-PEI-02Jun2014.pdf


===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE
Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED
Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

Investor-Edge.com

SOURCE Investor-Edge

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED