On a relative basis, the stock has outperformed the S&P 500 by 3.8% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.26% in the last 1 week, and is up 5.48% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 34.75% from its 1 Year high price. On Jul 6, 2016, the shares registered one year high at $85.35 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $79.43 and the 200 Day Moving Average price is recorded at $74.34.
The stock has recorded a 20-day Moving Average of 4.04% and the 50-Day Moving Average is 7.23%.
Regency Centers Corporation (NYSE:REG): stock turned positive on Friday. Though the stock opened at $83.9, the bulls momentum made the stock top out at $84.4 level for the day. The stock recorded a low of $83.25 and closed the trading day at $83.96, in the green by 0.49%. The total traded volume for the day was 789,548. The stock had closed at $83.55 in the previous days trading.
In an insider trading activity, The officer (Executive VP of Development), of Regency Centers Corp, Chandler, Iii Dan M. had unloaded 2,000 shares at $79.55 per share in a transaction on June 13, 2016. The total value of transaction was $159,100. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Regency Centers Corporation is a real estate investment trust (REIT) and the general partner of the Regency Centers, L.P. (operating partnership). The Companys operating, investing and financing activities are performed through the Operating Partnership, its wholly owned subsidiaries and through its co-investment partnerships. The Companys properties consist primarily of grocery-anchored shopping centers. As of December 31, 2014, the Company directly owned 202 Consolidated Properties located in 21 states representing 23.2 million square feet of gross leasable area (GLA). Through co-investment partnerships, it owns partial ownership interests in 120 Unconsolidated Properties located in 23 states and the District of Columbia representing 15.0 million square feet of GLA. The shopping centers tenant base includes national and regional supermarkets, drug stores, discount department stores and other retailers.