REITs Equities under the Scanner -- Research on EmpireState Realty Trust, Vornado Realty Trust, W.P. Carey, and RAIT Financial Trust
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LONDON, April 25, 2014 /PRNewswire/ --
On Wednesday, April 23, 2014, the NASDAQ Composite ended at 4,126.97, down 0.83%, the Dow Jones Industrial Average fell by 0.08% to 16,501.65, and the S&P 500 closed at 1,875.39, down 0.22%. During the session, five out of 10 sectors ended the session in negative. The S&P 500 Financials Sector Index finished the day at 297.07, up 0.24%, while the same has declined 1.73% in the last one month. Investor-Edge has initiated coverage on the following equities: Empire State Realty Trust Inc. (NYSE: ESRT), Vornado Realty Trust (NYSE: VNO), W.P. Carey Inc. (NYSE: WPC) and RAIT Financial Trust (NYSE: RAS). Free technical research on ESRT, VNO, WPC and RAS can be downloaded upon signing up at:
http://www.investor-edge.com/1635-register
Shares in Empire State Realty Trust Inc. fell by 0.32% on Wednesday, closing at $15.39, after oscillating between $15.13 and $15.58. A total of 0.74 million shares were traded, which was above its three months average volume of 0.45 million shares. Over the last one month and previous three months, shares in Empire State Realty Trust Inc. have gained 1.92% and 4.34%, respectively. Also, the stock has advanced 0.59% since the start of this year. The company's stock is trading above its 50-day moving average of $14.99 and the stock has a Relative Strength Index (RSI) of 65.54. Sign up today to read free research on ESRT at:
http://www.investor-edge.com/1635-ESRT-24Apr2014.pdf
Vornado Realty Trust's stock witnessed a trading volume of 0.86 million shares on Wednesday, as compared with its three months average volume of 0.98 million shares. The stock ended the day at $101.01, down 0.20%, after trading between $100.40 and $101.13. Over the last one month and previous three months, Vornado Realty Trust's shares have advanced 2.69% and 10.12%, respectively. Also, the stock has surged 13.76% since start of this year. The stock is trading above its 50-day and 200-day moving averages. Vornado Realty Trust's 50-day moving average of $97.66 is above its 200-day moving average of $89.99. Additionally, the company's shares are trading at a PE ratio of 112.87 and have an RSI of 65.44. Sign up today to read free research on VNO at:
http://www.investor-edge.com/1635-VNO-24Apr2014.pdf
On Wednesday, W.P. Carey Inc.'s shares finished the session at 61.38, which was 0.54% higher than the previous day's closing price of $61.05. The stock recorded a trading volume of 0.93 million shares which was below its three months average volume of 1.04 million shares. The stock fluctuated between $60.81 and $61.86 during the session. Over the last one month, W.P. Carey Inc.'s shares have fallen by 0.13%; however, the stock has gained 0.05% since the start of this year. The stock is trading below its 50-day and 200-day moving averages. W.P. Carey Inc.'s 200-day moving average of $63.97 is above its 50-day moving average of $61.58. Moreover, the company's shares are trading at a PE ratio of 39.60 and have RSI of 54.30. Sign up today to read free research on WPC at:
http://www.investor-edge.com/1635-WPC-24Apr2014.pdf
Shares in RAIT Financial Trust recorded a trading volume of 0.39 million shares, which was below its three months average volume of 0.90 million shares. The stock ended Wednesday's session at $8.26, up 0.49%, and registered an intraday trading range of $8.18 and $8.32. Over the past three months and beginning of this year, shares in RAIT Financial Trust have lost 1.31% and 7.92%, respectively. However, during the last three trading sessions, the company's stock has advanced 1.10%. The stock is trading above its 50-day and 200-day moving averages. RAIT Financial Trust's 50-day moving average of $8.24 is above its 200-day moving average of $7.78. Further, the company's shares have an RSI of 51.95. Sign up today to read free research on RAS at:
http://www.investor-edge.com/1635-RAS-24Apr2014.pdf
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