REITs Stocks Review -- Research on Cousins Properties, RAIT Financial Trust, American Capital Mortgage Investment, and Redwood Trust
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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 day 0.83% lower at 16,374.31, and the S&P 500 closed at 1,872.83, down 0.65%. The losses were broad based as nine out of ten sectors ended the session in negative. 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: Cousins Properties Inc. (NYSE: CUZ), RAIT Financial Trust (NYSE: RAS), American Capital Mortgage Investment Corporation (NASDAQ: MTGE) and Redwood Trust Inc. (NYSE: RWT). Free technical research on CUZ, RAS, MTGE and RWT can be downloaded upon signing up at:
http://www.investor-edge.com/2823-register
Cousins Properties Inc.'s stock edged 0.08% lower, to close the day at $11.80. The stock recorded a trading volume of 1.42 million shares, much above its three months average volume of 1.18 million shares. The stock oscillated between $11.66 and $11.81 during the session. Over the previous three trading sessions and over the past three months, Cousins Properties Inc.'s shares have gained 1.99% and 2.79%, respectively. Additionally, from the beginning of 2014, the stock has gained an upside of 14.56%. The stock is trading above its 50-day and 200-day moving averages. Further, the stock's 50-day moving average of $ 11.51 is greater than its 200-day moving average of $10.83. Additionally, the stock traded at a PE ratio of 41.74 and has a Relative Strength Index (RSI) of 56.95. Sign up today to read free research on CUZ at:
http://www.investor-edge.com/2823-CUZ-21May2014.pdf
On Tuesday, RAIT Financial Trust's stock traded between $7.75 and $7.84 before ending the session 0.13% lower at $7.82. RAIT Financial Trust's stock reported a trading volume of 0.74 million shares, close to its three months average volume of 0.77 million shares. Although, RAIT Financial Trust's shares have advanced 0.39% in the previous three trading sessions, it has declined 1.01% in the previous three months and 12.82% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $8.13 and $7.83, respectively. Moreover, shares of the company have an RSI of 41.34. Sign up today to read free research on RAS at:
http://www.investor-edge.com/2823-RAS-21May2014.pdf
Share in American Capital Mortgage Investment Corp. finished the Tuesday's session 0.50% lower at $20.05. A total of 0.52 million shares were traded, which was close to its three months average volume of 0.53 million shares. The stock moved between $19.94 and $20.19 during the session. Over the last one month and the previous three months, American Capital Mortgage Investment Corp.'s shares have gained 3.99% and 1.67%, respectively. Additionally, the company's stock has gained 14.83% since start of this year. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $19.58 is greater than its 200-day moving average of $19.48. American Capital Mortgage Investment Corp.'s stock has an RSI of 61.00. Sign up today to read free research on MTGE at:
http://www.investor-edge.com/2823-MTGE-21May2014.pdf
On Tuesday, Redwood Trust Inc.'s stock recorded a trading volume of 0.69 million shares, higher than its three months average volume of 0.56 million shares. The stock ended the day at $19.23, which was 0.88% below its previous day's closing of $19.40, and registered an intraday range of $19.10 and $19.35. Redwood Trust Inc.'s shares have advanced 1.32% in the previous three trading sessions and 2.51% in the last three months. However, the stock has lost 0.72% since beginning of this year. Shares of the company traded at a PE ratio of 14.67. The company's stock is trading above its 200-day moving average of $19.08, while the 200-day moving average is below Redwood Trust Inc.'s 50-day moving average of $20.47, respectively. Furthermore, shares of the company have an RSI of 36.29. Sign up today to read free research on RWT at:
http://www.investor-edge.com/2823-RWT-21May2014.pdf
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EDITOR'S NOTES:
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