Equity Commonwealth (EQC) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($3.45 million) and the uptick to downtick ratio was 0.59. The transaction value on upticks was $4.98 million and on downticks, the transaction value was $8.43 million. The transaction value of block trades during downticks was $4.23 million. The money flow was negative ($4.23 million), indicating the traders were booking profit on the price strength. Equity Commonwealth (EQC) rose $0.23 at $30.01, during intraday Monday , a rise of 0.77% over the previous days close.
Shares of Equity Commonwealth rose by 1.18% in the last five trading days and 2.25% for the last 4 weeks. Equity Commonwealth is up 5.97% in the last 3-month period. Year-to-Date the stock performance stands at 8.19%.
Equity Commonwealth (NYSE:EQC): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $30.21 and $29.95 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $30.67. The buying momentum continued till the end and the stock did not give up its gains. It closed at $30.00, notching a gain of 0.74% for the day. The total traded volume was 1,341,574 . The stock had closed at $29.78 on the previous day.
In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the CFO of Equity Commonwealth, Markman Adam Scott, had purchased 4,500 shares in a transaction dated on August 10, 2015. The transaction was executed at $27.21 per share with total amount equaling $122,445.
Equity Commonwealth (EQC) is an internally managed and self-advised real estate investment trust (REIT). The Company is engaged in the ownership and operation primarily of office buildings in central business district (CBD) and suburban locations throughout the United States. The Companys two reportable segments include CBD properties and suburban properties. Its portfolio consists of 156 properties (262 buildings) with a combined 42.9 million square feet. The Companys portfolio comprises 40 properties (53 buildings) with a combined 21.9 million square feet located in CBD locations and 116 properties (209 buildings) with a combined 21.0 million square feet located in suburban locations. Eleven of its properties (11 buildings) with a combined 1.8 million square feet are located in Australia. The Companys properties are leased to approximately 1,800 tenants. Its principal source of funds for its operations is rents from tenants at its properties.