03.10.2013 14:39:00
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Today's Research: Hersha Hospitality Trust, CBL & Associates Properties Inc., Redwood Trust Inc., and Mack-Cali Realty Corp.
LONDON, October 3, 2013 /PRNewswire/ --
On Wednesday, October 2, 2013, all three benchmark indexes of the US equity market closed lower, with the Dow Jones Industrial Average, the S&P 500, and the NASDAQ Composite falling by 0.39%, 0.07%, and 0.08%, respectively. Shares in the financial-REITs sector ended on a lower note, tracking losses in the broader market. The major movers included Hersha Hospitality Trust (NYSE: HT), CBL & Associates Properties Inc. (NYSE: CBL), Redwood Trust Inc. (NYSE: RWT), and Mack-Cali Realty Corporation (NYSE: CLI). AAAResearchReports.com has completed their technical analysis on HT, CBL, RWT, and CLI and these free reports are accessible by registering at:
http://www.aaaresearchreports.com/register/
Shares in Hersha Hospitality Trust fell sharply on Wednesday, tracking losses in the broader market. The company's shares closed the day 1.90% lower at $5.69 after fluctuating between $5.66 and $5.78 during the trading session. A total of 1.53 million shares were traded, which is above the daily average volume of 1.45 million. Despite Wednesday's losses, the company's shares have advanced 1.07% in the previous three trading sessions and 7.77% in the last one month, compared to a gain of 0.13% and 3.30% in the S&P 500 during the respective periods. Additionally, Hersha Hospitality Trust's stock is trading above its 50-day and 200-day moving averages of $5.50 and $5.49, respectively. Sign up for free technical research on HT at:
http://www.AAAResearchReports.com/HT100313.pdf
CBL & Associates Properties Inc.'s stock fell by 0.26% on Wednesday, reversing all of the gains from the previous trading session. The company's shares closed the day at $19.51 after oscillating between $19.34 and $19.68. A total of 1.10 million shares were traded, which is below the daily average volume of 1.74 million. CBL & Associates Properties Inc.'s shares have gained 1.51% in the previous three trading sessions, compared to a gain of 0.13% in the S&P 500 during the same period. Moreover, the company's stock is trading below its 50-day and 200-day moving averages of $20.20 and $21.76, respectively. Be sure to read our latest technical research on CBL by registering at:
http://www.AAAResearchReports.com/CBL100313.pdf
On Wednesday, Redwood Trust Inc.'s stock fell sharply to close at $19.24, which is 2.68% lower than the previous day's closing price of $19.77. The company's shares oscillated between $19.21 and $19.84 during the trading session. A total of 1.30 million shares were traded, which is above the daily average volume of 0.93 million. The company's shares have gained 12.78% in the previous three months and 6.65% in the last one month, compared to a gain of 4.86% and 3.30% in the S&P 500 during the respective periods. Additionally, Redwood Trust Inc.'s stock is trading above its 50-day and 200-day moving average of $18.01 and 18.89, respectively.
Sign up and read the complimentary report on RWT at:
http://www.AAAResearchReports.com/RWT100313.pdf
Shares in Mack-Cali Realty Corp. fell sharply on Wednesday, tracking losses in the broader market. The company's shares closed the day 1.00% lower at $21.81 after fluctuating between $21.59 and $21.96 during the trading session. A total of 0.90 million shares were traded, which is above the daily average volume of 0.74 million. The company's shares have advanced 2.64% in the previous one month and 10.25% in the last three months, compared to a gain of 3.30% and 4.86% in the S&P 500 during the respective periods. Moreover, Mack-Cali Realty Corp.'s stock is trading below its 50-day and 200-day moving averages of $21.92 and $25.08, respectively. The free report on CLI can be downloaded by signing up now at:
http://www.AAAResearchReports.com/CLI100313.pdf
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SOURCE AAA Research Reports
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Mack-Cali Realty Corp. | 16,50 | -0,78% | |
Redwood Trust IncShs | 6,28 | 0,45% |