Technical Summary on Retail REITs Stocks -- Research on Tanger Factory Outlet Centers, Retail Opportunity Investments, Equity One, and Kite Realty Group Trust
Editor Note: For more information about this release, please scroll to bottom.
LONDON, June 3, 2014 /PRNewswire/ --
On Monday, June 2, 2014, the NASDAQ Composite ended at 4,237.20, down 0.13%, the Dow Jones Industrial Average advanced edged 0.16% higher to finish the day at 16,743.63, and the S&P 500 closed at 1,924.97, up 0.07%. During the session gains in the Materials, Industrials, and Consumer Discretionary sectors positively impacted the broader market, while some retraction came in from Consumer Staples, Energy, and Information Technology sectors. The S&P 500 Financials Sector Index ended the day at 300.59, up 0.27%, with the index advancing 1.44% in the last one month. Investor-Edge has initiated coverage on the following equities: Tanger Factory Outlet Centers Inc. (NYSE: SKT), Retail Opportunity Investments Corp. (NASDAQ: ROIC), Equity One Inc. (NYSE: EQY) and Kite Realty Group Trust (NYSE: KRG). Free technical research on SKT, ROIC, EQY and KRG can be downloaded upon signing up at:
http://www.investor-edge.com/3332-register
On Monday, shares in Tanger Factory Outlet Centers Inc. fluctuated between $35.41 and $36.18 before ending the session 1.86% higher at $36.08. The stock reported a trading volume of 0.68 million shares, close to its three months average volume of 0.66 million shares. Shares of the company traded at a PE ratio of 32.21. Shares in Tanger Factory Outlet Centers Inc. have advanced 1.75% in the previous three trading sessions, 1.29% in the last one month, and 12.68% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $35.44 and $33.74, respectively. Moreover, shares of Tanger Factory Outlet Centers Inc. have a Relative Strength Index (RSI) of 48.38. Sign up today to read free research on SKT at:
http://www.investor-edge.com/3332-SKT-03Jun2014.pdf
Shares in Retail Opportunity Investments Corp. edged 0.76% higher to close the day at $15.92. The stock recorded a trading volume of 0.49 million shares, below its three months average volume of 0.70 million shares. The stock oscillated between $15.69 and $15.94 during the session. Over the last three trading sessions and over the past one month, Retail Opportunity Investments Corp.'s shares have advanced 2.25% and 1.92%, respectively. Further, the stock has gained 8.15% since the start of this year. The stock is trading above its 50-day and 200-day moving averages. Retail Opportunity Investments Corp.'s 50-day moving average of $15.45 is above its 200-day moving average of $14.57. Additionally, the stock traded at a PE ratio of 33.87 and has an RSI of 54.68. Sign up today to read free research on ROIC at:
http://www.investor-edge.com/3332-ROIC-03Jun2014.pdf
On Monday, Equity One Inc.'s stock recorded a trading volume of 0.46 million shares, lower than its three months average volume of 0.59 million shares. The stock ended the day at $22.93, which was 0.13% below its previous day's closing of $22.96, and registered an intraday range of $22.83 and $23.01. Shares of the company traded at a PE ratio of 49.54. Equity One Inc.'s stock has advanced 0.88% in the previous three trading sessions, 1.87% in the last one month, and 2.18% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $22.32 and $22.49, respectively. Furthermore, shares of Equity One Inc. have an RSI of 58.68. Sign up today to read free research on EQY at:
http://www.investor-edge.com/3332-EQY-03Jun2014.pdf
Shares in Kite Realty Group Trust finished the Monday's session at the previous day's closing price of $6.21. A total of 0.46 million shares were traded, which was below its three months average volume of 0.76 million shares. The stock vacillated between $6.17 and $6.25 during the session. Over the previous three trading sessions Kite Realty Group Trust's shares have advanced 0.16%. However, the company shares have fallen by 0.64% in the last one month and 5.48% since the beginning of 2014. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $6.19 is greater than its 50-day moving average of $6.08. Kite Realty Group Trust's stock has an RSI of 51.20. Sign up today to read free research on KRG at:
http://www.investor-edge.com/3332-KRG-03Jun2014.pdf
===============
EDITOR'S NOTES:
===============
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Investor-Edge
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article