This Morning's Technical Outlook on REIT Stocks -- Douglas Emmett, Drive Shack, Empire State Realty Trust, and Investors Real Estate Trust
NEW YORK, Jan. 2, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on DEI, DS, ESRT, and IRET which can be accessed for free by signing up to www.wallstequities.com/registration. On Friday, benchmark US indices were in bearish colors as the NASDAQ Composite closed the trading session down 0.67%; the Dow Jones Industrial Average edged 0.48% lower; and the S&P 500 was down 0.52%. US markets made broad based losses with seven out of nine sectors finishing the day in red. Pre-market today, WallStEquities.com reviews these four REIT - Diversified stocks: Douglas Emmett Inc. (NYSE: DEI), Drive Shack Inc. (NYSE: DS), Empire State Realty Trust Inc. (NYSE: ESRT), and Investors Real Estate Trust (NYSE: IRET). All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
Douglas Emmett
Santa Monica, California headquartered Douglas Emmett Inc.'s stock finished Friday's session 0.07% lower at $41.06. A total volume of 703,218 shares was traded, which was above its three months average volume of 697.87 thousand shares. The Company's shares have advanced 14.15% in the last twelve months and 12.31% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.72% and 5.25%, respectively. Furthermore, shares of Douglas Emmett, which owns and operates office and multifamily properties in California and Hawaii, have a Relative Strength Index (RSI) of 57.19. Get the full research report on DEI for free by clicking below at:
www.wallstequities.com/registration/?symbol=DEI
Drive Shack
Shares in New York-based Drive Shack Inc. ended at $5.53, down 1.25% from the last trading session. The stock recorded a trading volume of 337,981 shares. The Company's shares have gained 53.19% over the previous three months, 35.21% in the last twelve months, and 47.07% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 10.95% and 46.87%, respectively. Moreover, shares of Drive Shack, which operates as a REIT in the US, have an RSI of 51.62. DS's complimentary research coverage is a few simple steps away at:
www.wallstequities.com/registration/?symbol=DS
Empire State Realty Trust
New York-based Empire State Realty Trust Inc.'s stock ended last Friday's session 0.29% lower at $20.53 with a total trading volume of 1.06 million shares, which are above its three months average volume of 700.99 thousand shares. The Company's shares have advanced 3.48% in the last twelve months. The stock is trading above its 50-day moving averages by 0.63%. Additionally, shares of the Company, which focuses on owning, managing, operating, and acquiring office and retail properties in Manhattan and the greater New York metropolitan area, have an RSI of 54.62.
On December 04th, 2017, research firm Evercore ISI upgraded the Company's stock rating from 'In-line' to 'Outperform'. Are you already registered with Wall St. Equities? Do so now for free, and get the report on ESRT at:
www.wallstequities.com/registration/?symbol=ESRT
Investors Real Estate Trust
On Friday, shares in Minot, North Dakota-based Investors Real Estate Trust recorded a trading volume of 677,798 shares, which was above their three months average volume of 478.37 thousand shares. The stock finished the day 1.22% lower at $5.68. The stock is trading below its 50-day moving average by 3.50%. Furthermore, shares of the Company, which invests in real estate markets of US, have an RSI of 41.91. Aspiring Member, please take a moment to register below for your free research report on IRET at:
www.wallstequities.com/registration/?symbol=IRET
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