REITs Stocks on the Move -- Research on Gramercy Property Trust, Brandywine Realty Trust, Gaming and Leisure Properties, and Corrections Corp. of America
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LONDON, May 21, 2014 /PRNewswire/ --
On Tuesday, May 20, 2014, the NASDAQ Composite ended at 4,096.89, down 0.70%, the Dow Jones Industrial Average finished the session at 16,374.31, down 0.83% and the S&P 500 closed at 1,872.83, down 0.65%. During the trading session, nine out of ten sectors finished on a lower note. The S&P 500 Financials Sector Index ended the day at 292.20, down 0.68%, while the index has advanced 1.24% in the previous three months. Investor-Edge has initiated coverage on the following equities: Gramercy Property Trust Inc. (NYSE: GPT), Brandywine Realty Trust (NYSE: BDN), Gaming and Leisure Properties Inc. (NASDAQ: GLPI) and Corrections Corp. of America (NYSE: CXW). Free technical research on GPT, BDN, GLPI and CXW can be downloaded upon signing up at:
http://www.investor-edge.com/2834-register
Shares in Gramercy Property Trust Inc. edged 0.18% higher on Tuesday, closing the day at $5.50. The stock recorded a trading volume of 2.36 million shares, which was above its three months average volume of 1.34 million shares. The stock oscillated between $5.44 and $5.55 during the session. Over the previous three trading sessions and in the last one month, Gramercy Property Trust Inc.'s shares have gained 2.42% and 4.36%, respectively. However, the stock has declined 4.35% from the beginning of 2014. The company's shares are trading above their 50-day and 200-day moving averages. Gramercy Property Trust Inc.'s 50-day moving average of $5.27 is above its 200-day moving average of $5.06. Further, the company's stock has a Relative Strength Index (RSI) of 64.98. Sign up today to read free research on GPT at:
http://www.investor-edge.com/2834-GPT-21May2014.pdf
On Tuesday, shares in Brandywine Realty Trust fluctuated between $15.15 and $15.40 before ending the session 1.04% lower at $15.16. The company's stock reported a trading volume of 1.86 million shares, which was above its three months average volume of 1.38 million shares. The company's stock traded at a PE ratio of 70.24. Shares in Brandywine Realty Trust have lost 1.04% in the previous three trading sessions, while they have gained 3.76% over the last one month and 7.59% on YTD basis. Brandywine Realty Trust's stock is trading above its 50-day and 200-day moving averages of $14.63 and $13.89, respectively. Moreover, the company's shares have an RSI of 62.31. Sign up today to read free research on BDN at:
http://www.investor-edge.com/2834-BDN-21May2014.pdf
On Tuesday, shares in Gaming and Leisure Properties Inc. recorded a trading volume of 0.89 million shares, which was below its three months average volume of 1.15 million shares. The stock ended the day at $34.07, which was 1.02% lower its previous day's closing of $34.42, and registered an intraday range of $33.91 and $34.51. Shares in Gaming and Leisure Properties Inc. have fallen by 1.39% in the previous three trading sessions, 9.20% in the last one month and 11.94% on YTD basis. The company's stock is trading below its 50-day moving average of $36.34. Additionally, shares of the company have an RSI of 34.42. Sign up today to read free research on GLPI at:
http://www.investor-edge.com/2834-GLPI-21May2014.pdf
Corrections Corp. of America's stock finished Tuesday's trading session 1.99% lower at $31.55. A total of 0.81 million shares were traded, above its three months average volume of 0.69 million shares. The stock moved between $31.29 and $32.27 during the session. Corrections Corp. of America's stock has lost 1.87% in the previous three trading sessions and 3.07% in the last one month. Also, the company's shares have declined 1.62% since the start of this year. The company's stock is trading below it 50-day and 200-day moving averages of $32.43 and $33.65, respectively. Furthermore, Corrections Corp. of America's stock traded at a PE ratio of 16.82 and has an RSI of 43.10. Sign up today to read free research on CXW at:
http://www.investor-edge.com/2834-CXW-21May2014.pdf
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