REITs Stocks Highlight -- Research on Capstead Mortgage, Redwood Trust, iStar Financial, and Lexington Realty Trust
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LONDON, March 25, 2014 /PRNewswire/ --
On Monday, March 24, 2014, the NASDAQ Composite ended at 4,226.39, down 1.18%, the Dow Jones Industrial Average declined 0.16% to 16,276.69, and the S&P 500 closed at 1,857.44, down 0.49%. The losses were broad based as 8 out of 10 sectors ended the session in negative. The S&P 500 Financial Sector Index finished the day at 301.61, down 0.23%, while the same has gained 3.60% in the last one month. Investor-Edge has initiated coverage on the following equities: Capstead Mortgage Corp. (NYSE: CMO), Redwood Trust Inc. (NYSE: RWT), iStar Financial Inc. (NYSE: STAR), and Lexington Realty Trust (NASDAQ: LXP). Free technical research on CMO, RWT, STAR, and LXP can be downloaded upon signing up at:
http://www.investor-edge.com/452-register
Shares in Capstead Mortgage Corp. declined 0.08% on Monday, closing at $12.98, after oscillating between $12.85 and $13.03. A total of 1.23 million shares were traded, which is above the three months average volume of 0.92 million. The company's shares were traded at a PE ratio of 13.96 and have gone up 7.45% on YTD basis. Capstead Mortgage Corp.'s shares have gained 1.72% in the last one month and 4.42% in the previous three months. The company's stock is trading above its 50-day and 200-day moving averages. Capstead Mortgage Corp.'s 50-day moving average of $12.65 is above the 200-day moving average of $12.12. Furthermore, the stock is trading at a Relative Strength Index (RSI) of 59.36. Sign up today to read free research on CMO at:
http://www.investor-edge.com/452-CMO-24Mar2014.pdf
Redwood Trust Inc.'s stock witnessed a trading of 0.61 million shares on Monday, as compared with a three months average volume of 0.50 million shares. The stock ended the day at $19.92, down 1.97% and at an intraday trading range of $19.86 and $20.42 during the session. Shares in Redwood Trust Inc. have advanced 2.10% in the last one month, 4.84% in the previous three months and 2.84% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Redwood Trust Inc.'s 50-day moving average of $19.43 is above the 200-day moving average of $18.47. Additionally, the company's shares are trading at a PE ratio of 11.05 and at an RSI of 53.05. Sign up today to read free research on RWT at:
http://www.investor-edge.com/452-RWT-24Mar2014.pdf
On Monday, iStar Financial Inc.'s stock lost 1.30% finishing the session at $14.41. The stock recorded a trading volume of 0.67 million shares which is at par with the three months average volume. The stock fluctuated between $14.38 and $14.71 during the session. iStar Financial Inc.'s shares have declined 3.55% in the previous three trading sessions and 5.45% in the last one month, while the same has advanced 0.98% on YTD basis. The stock is trading above its 200-day moving average. iStar Financial Inc.'s 50-day moving average of $15.24 is above the 200-day moving average of $12.92. Moreover, the stock is trading at an RSI of 38.18. Sign up today to read free research on STAR at:
http://www.investor-edge.com/452-STAR-24Mar2014.pdf
Lexington Realty Trust's stock recorded a trading volume of 1.79 million shares, as compared with a three months average volume of 1.73 million shares. The stock ended Monday's session at $10.97, down 1.53%, and at an intraday trading range of $10.94 and $11.23. Shares in Lexington Realty Trust have fallen by 0.54% in the last one month, while the same has surged 6.09% in the previous three months and 7.44% on YTD basis. The stock is trading above its 50-day moving average. Lexington Realty Trust's 200-day moving average of $11.34 is above the 50-day moving average of $10.91. Further, the stock is trading at an RSI of 48.87. Sign up today to read free research on LXP at:
http://www.investor-edge.com/452-LXP-24Mar2014.pdf
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