Technical Insights on REIT Stocks -- Gaming and Leisure Properties, Lamar Advertising, Blackstone Mortgage Trust, and Douglas Emmett
NEW YORK, June 7, 2017 /PRNewswire/ --
On Tuesday, benchmark US indices were in bearish colors as the NASDAQ Composite closed the trading session down 0.33%; the Dow Jones Industrial Average edged 0.23% lower; and the S&P 500 was down 0.28%. US markets made broad based losses with six out of nine sectors finishing the day in red. Pre-market today, DailyStockTracker.com reviews these four REIT - Diversified stocks: Gaming and Leisure Properties Inc. (NASDAQ: GLPI), Lamar Advertising Co. (NASDAQ: LAMR), Blackstone Mortgage Trust Inc. (NYSE: BXMT), and Douglas Emmett Inc. (NYSE: DEI). Access DailyStockTracker.com's free research reports for this morning's stocks line-up at:
http://dailystocktracker.com/register/
Gaming and Leisure Properties
On Tuesday, shares in Gaming and Leisure Properties Inc. recorded a trading volume of 1.15 million shares, which was above their three months average volume of 1.08 million shares. The stock ended the session 0.49% lower at $36.91. The Company's shares have gained 4.41% in the last one month, 13.64% over the previous three months, and 20.54% on an YTD basis. The stock is trading 5.63% above its 50-day moving average and 13.06% above its 200-day moving average. Moreover, shares of Gaming and Leisure Properties, which operates independently of Penn National Gaming Inc. as of November 01, 2013, have a Relative Strength Index (RSI) of 74.24.
On June 02nd, 2017, research firm Ladenburg Thalmann initiated a 'Buy' rating on the Company's stock, with a target price of $41 per share. Free research report on GLPI is available at:
http://dailystocktracker.com/registration/?symbol=GLPI
Lamar Advertising
Baton Rouge, Louisiana headquartered Lamar Advertising Co.'s stock closed the day 1.49% lower at $69.62 with a total trading volume of 224,136 shares. The Company's shares have advanced 3.54% since the start of this year. The stock is trading 0.65% above its 200-day moving average. Additionally, shares of Lamar Advertising, which engages in selling advertising space on billboards, buses, shelters, benches, and logo plates, have an RSI of 44.28. The complimentary research report on LAMR can be downloaded at:
http://dailystocktracker.com/registration/?symbol=LAMR
Blackstone Mortgage Trust
Shares in New York headquartered Blackstone Mortgage Trust Inc. recorded a trading volume of 512,882 shares. The stock ended yesterday's trading session 0.71% lower at $30.95. The Company's shares have advanced 1.48% in the past month and 2.93% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 0.32% and 2.22%, respectively. Furthermore, shares of Blackstone Mortgage Trust, which originates and purchases senior loans collateralized by properties in North America and Europe, have an RSI of 51.47. Visit us today and access our complete research report on BXMT at:
http://dailystocktracker.com/registration/?symbol=BXMT
Douglas Emmett
Santa Monica, California headquartered Douglas Emmett Inc.'s stock finished Tuesday's session 0.18% lower at $38.36. A total volume of 657,046 shares was traded, which was above their three months average volume of 621,220 shares. The Company's shares have advanced 4.92% since the start of this year. The stock is trading above its 200-day moving average by 2.29%. Additionally, shares of Douglas Emmett, which owns and operates office and multifamily properties in California and Hawaii, have an RSI of 50.30. Get free access to your research report on DEI at:
http://dailystocktracker.com/registration/?symbol=DEI
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SOURCE Chelmsford Park SA
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