Columbia Property Trust (CXP) Shares are Down -1.93%

Columbia Property Trust (CXP) : During the past 4 weeks, traders have been relatively bearish on Columbia Property Trust (CXP), hence the stock is down -5.1% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.09% relative to the S&P 500. The 4-week change in the price of the stock is -5.61% and the stock has fallen -1.93% in the past 1 week.

The stock has recorded a 20-day Moving Average of 3.45% and the 50-Day Moving Average is 4.44%.The 200 Day SMA reached 2.91%


Columbia Property Trust (NYSE:CXP): The stock opened in the green at $22.74 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $22.74 and a low of $22.3 for the day. The stock did not find buyers even at the lows and closed at $22.39 recording a loss of -0.75%. 983,294 shares exchanged hands during the trading day. The stock had closed at $22.39 in the previous days trading.

Columbia Property Trust (CXP) : Average target price received by Columbia Property Trust (CXP) is $26 with an expected standard deviation of $1.73. The most aggressive target on the stock is $28, whereas the most downbeat target is $25. 3 financial analysts are currently covering the stock.

Columbia Property Trust, Inc. (Columbia Property Trust) is a real estate investment trust (REIT). The Company operates as a REIT for federal income tax purposes and owns and operates commercial real estate properties. Columbia Property Trust conducts business through Columbia Property Trust Operating Partnership, L.P. (Columbia Property Trust OP). Columbia Property Trust OP acquires, develops, owns, leases and operates real properties directly, through wholly owned subsidiaries, or through joint ventures. Columbia Property Trust invests in income-generating office properties. The Companys portfolio comprises a combination of multi- and single-tenant office properties located in Central Business District (CBD) and suburban areas. It focuses on the acquisition of primary markets, including CBD and urban in-fill locations.

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