Breakfast Technical Briefing on Tanger Factory Outlet Centers and Three Other Additional REIT Stocks
Stock Research Monitor: SLG, TCO, and WRI
LONDON, UK / ACCESSWIRE / July 12, 2018 / If you want a free Stock Review on SKT sign up now at www.wallstequities.com/registration. On Wednesday, July 11, 2018, US markets saw broad based losses with eight out of nine sectors finishing the trading sessions in red. Major US indices were also bearish at the close of yesterday's session. The NASDAQ Composite ended the day at 7,716.61, down 0.55%; the Dow Jones Industrial Average edged 0.88% lower, to finish at 24,700.45; and the S&P 500 closed at 2,774.02, down 0.71%. This Thursday morning, WallStEquities.com looks at the performance of these four REIT - Retail stocks: SL Green Realty Corp. (NYSE: SLG), Tanger Factory Outlet Centers Inc. (NYSE: SKT), Taubman Centers Inc. (NYSE: TCO), and Weingarten Realty Investors (NYSE: WRI). All you have to do is sign up today for this free limited time offer by clicking the link below.
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SL Green Realty
On Wednesday, shares in SL Green Realty Corp. recorded a trading volume of 330,045 shares. The stock ended the session 0.21% lower at $101.80. The Company's shares have gained 7.03% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 3.13% and 3.31%, respectively. Moreover, shares of SL Green Realty, which focuses primarily on acquiring, managing and maximizing value of Manhattan commercial properties, have a Relative Strength Index (RSI) of 57.27. Get the full research report on SLG for free by clicking below at:
www.wallstequities.com/registration/?symbol=SLG
Tanger Factory Outlet Centers
Greensboro, North Carolina headquartered Tanger Factory Outlet Centers Inc.'s stock closed the day 1.00% lower at $23.80 with a total trading volume of 761,628 shares. The Company’s shares have advanced 4.85% in the past month. The stock is trading above its 50-day and 200-day moving averages by 7.82% and 1.51%, respectively. Additionally, shares of the Company, which operates and owns, or has an ownership interest in, a portfolio of 44 upscale outlet shopping centers, have an RSI of 60.51. SKT's complimentary research coverage is a few simple steps away at:
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Taubman Centers
Shares in Hong Kong headquartered Taubman Centers Inc. recorded a trading volume of 406,562 shares. The stock ended yesterday's trading session 0.18% higher at $59.93. The Company's shares have advanced 6.01% in the past month. The stock is trading above its 50-day and 200-day moving averages by 6.33% and 5.47%, respectively. Furthermore, shares of Taubman Centers, which engages in the ownership, management and/or leasing of 26 regional, super-regional and outlet shopping centers in the US and Asia, have an RSI of 62.62.
On June 15th, 2018, research firm JP Morgan upgraded the Company's stock rating from ‘Neutral’ to ‘Overweight'. Register for your free research report on TCO at:
www.wallstequities.com/registration/?symbol=TCO
Weingarten Realty Investors
Weingarten Realty Investors' stock finished Wednesday's session 0.33% lower at $30.60 with a total trading volume of 630,779 shares. The Company's shares have advanced 9.32% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 4.67% and 2.87%, respectively. Additionally, shares of the Company, which owned or operated under long-term leases, either directly or through its interest in real estate joint ventures or partnerships, a total of 204 properties which are located in 17 states spanning the country from coast to coast, have an RSI of 55.03. Wall St. Equities' downloadable research report on WRI available at:
www.wallstequities.com/registration/?symbol=WRI
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