REITs Stocks Technical Briefing -- Research on Spirit Realty Capital, Newcastle Investment, Starwood Property Trust and American Tower
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LONDON, March 20, 2014 /PRNewswire/ --
On Wednesday, March 19, 2014, the NASDAQ Composite ended at 4,307.60, down 0.59%, the Dow Jones Industrial Average declined 0.70% to 16,222.17, and the S&P 500 closed at 1,860.77, down 0.61%. The losses were broad based as all the ten sectors ended the session in negative. The S&P 500 Financials Sector Index finished the day at 297.35, down 0.15%, while the same has gained 3.28% in the last one month. Investor-Edge has initiated coverage on the following equities: Spirit Realty Capital Inc. (NYSE: SRC), Newcastle Investment Corp. (NYSE: NCT), Starwood Property Trust Inc. (NYSE: STWD) and American Tower Corp. (NYSE: AMT). Free technical research on SRC, NCT, STWD and AMT can be downloaded upon signing up at:
http://www.investor-edge.com/374-register
Shares in Spirit Realty Capital Inc. closed at $11.00 on Wednesday, which is 1.61% lower than the previous day's closing price of $11.18. A total of 6.62 million shares were traded as compared with three months average volume of 3.93 million. The company's shares oscillated between $10.93 and $11.20 during the trading session. Shares in Spirit Realty Capital Inc. have gained 0.27% in the last one month and 11.79% in the previous three months. The stock is trading at a PE ratio of 111.67 and has advanced 11.90% on YTD basis. The stock is trading above its 50-day moving average. The company's 50-day moving average of $10.65 is above the 200-day moving average of $9.85. Furthermore, the stock is trading at a Relative Strength Index (RSI) of 60.90. Sign up today to read free research on SRC at:
http://www.investor-edge.com/374-SRC-20Mar2014.pdf
Newcastle Investment Corp.'s stock witnessed trading of 3.90 million shares on Wednesday, which is below the three months average volume of 4.44 million shares. The stock ended the day at $4.70, down 1.05%, after trading between $4.66 and $4.76 during the session. The stock traded at a PE ratio of 15.16 and has fallen by 2.63% on YTD basis. Newcastle Investment Corp.'s shares have advanced 0.21% in the previous three trading sessions and 3.69% in the last three months. The stock is trading above its 200-day moving average. Newcastle Investment Corp.'s 50-day moving average of $4.78 is above the 200-day moving average of $4.69. Additionally, shares of the company are trading at an RSI of 49.68. Sign up today to read free research on NCT at:
http://www.investor-edge.com/374-NCT-20Mar2014.pdf
On Wednesday, shares in Starwood Property Trust Inc. declined 0.84% finishing the session at $23.62. The stock recorded a trading volume of 2.68 million shares which is above the three months average volume of 2.10 million. The company's shares fluctuated between $23.60 and $23.96 during the session. Shares in Starwood Property Trust Inc. have surged 6.06% in the previous three months and 5.76% on YTD basis. The stock is trading above its 200-day moving average. Starwood Property Trust Inc.'s 50-day moving average of $23.82 is above the 200-day moving average of $21.38. Moreover, shares of the company are trading at a PE ratio of 11.90 and at an RSI of 48.57. Sign up today to read free research on STWD at:
http://www.investor-edge.com/374-STWD-20Mar2014.pdf
American Tower Corp.'s stock recorded a trading volume of 2.00 million shares, as compared with a three month average volume of 2.22 million shares. The stock closed Wednesday's session at $80.68, down 1.37% after vacillating between $80.30 and $82.99. American Tower Corp.'s shares have gained 0.36% in the previous three trading sessions, 3.29% in the last three months and 1.08% on YTD basis. The company's shares are trading at a PE ratio of 54.58 and above its 200-day moving average. American Tower Corp.'s 50-day moving average of $81.60 is above the 200-day moving average of $76.67. Furthermore, the stock is trading at an RSI of 52.57. Sign up today to read free research on AMT at:
http://www.investor-edge.com/374-AMT-20Mar2014.pdf
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