DCT Industrial Trust Inc (DCT) has been under a strong bear grip, hence the stock is down -3.26% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.12% in the past 1 week. The 4-week change in the price of the stock is -3.46% and the stock has fallen -0.53% in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.15% and the fifty day Moving Average is 0.86%. DCT Industrial Trust Inc. is up 13.8% in the last three month period. Year-to-Date the stock performance stands at 31.5%.
DCT Industrial Trust Inc (DCT) : Average target price received by DCT Industrial Trust Inc (DCT) is $47.42 with an expected standard deviation of $5.78. The most aggressive target on the stock is $53, whereas the most downbeat target is $39. 6 financial analysts are currently covering the stock.
DCT Industrial Trust Inc (NYSE:DCT): On Fridays trading session , Opening price of the stock was $48.97 with an intraday high of $49.21. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $48.15. However, the stock managed to close at $48.48, a loss of 0.49% for the day. On the previous day, the stock had closed at $48.72. The total traded volume of the day was 360,244 shares.
DCT Industrial Trust Inc. is an industrial real estate company. The Company specializes in the acquisition, development, leasing and management of bulk distribution and light industrial properties located in high-volume distribution markets in the United States. It conducts its business through a majority owned and controlled subsidiary, DCT Industrial Operating Partnership LP. The Company operates in three segments: East, Central and West. Its portfolio primarily consists of bulk distribution warehouses and light industrial properties. The Company holds interests in around 72.3 million square feet of properties, which include approximately 62.0 million square feet comprising 393 consolidated operating properties; around 8.1 million square feet comprising 24 unconsolidated properties; approximately 0.8 million square feet comprising six consolidated properties under redevelopment, and around 1.4 million square feet comprising seven consolidated buildings which are in lease-up.