Shares of Bluerock Residential Growth REIT (NYSEMKT:BRG) Sees Large Outflow of Money

Bluerock Residential Growth REIT (NYSEMKT:BRG) had an volatile session and gained 0.01 points till last call. The price was at $12.38, gaining 0.08% till the last intraday data. The total uptick value was $0.5 million while the total downtick value was $6.67 million. The shares saw a net money flow of $(-6.18) million and the up/down ratio stood at 0.07. The stock has seen a change of of 1.23% for the week. The share had a block transaction during the course of trading in which the net money flow was $(-6.09) million. Almost $0 million were received in upticks and approximately $6.09 million were lost in downticks, thereby giving the up/down ratio of 0.


The stock has recorded a 20-day Moving Average of 2.37% and the 50-Day Moving Average is 7.02%. The company shares have dropped 4.55% in the past 52 Weeks. On June 23, 2015 The shares registered one year high of $13.22 and one year low was seen on February 11, 2016 at $9.06. The 50-day moving average is $11.85 and the 200 day moving average is recorded at $11.02. S&P 500 has rallied 1.93% during the last 52-weeks.

Bluerock Residential Growth REIT (NYSEMKT:BRG): The stock opened at $12.40 on Tuesday but the bulls could not build on the opening and the stock topped out at $12.45 for the day. The stock traded down to $12.00 during the day, due to lack of any buying support eventually closed down at $12.33 with a loss of -0.32% for the day. The stock had closed at $12.37 on the previous day. The total traded volume was 656,479 shares.

Currently the company Insiders own 3.19% of Bluerock Residential Growth REIT shares according to the proxy statements. Institutional Investors own 36.2% of Bluerock Residential Growth REIT shares. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Bluerock Residential Growth Reit, Inc., Kachadurian Gary, had purchased 4,600 shares in a transaction dated on August 26, 2015. The transaction was executed at $10.9 per share with total amount equaling $50,140.

Bluerock Residential Growth REIT, Inc. is a real estate investment trust. The Companys business consists of investing in and operating multifamily communities. The Company is focused on acquiring a portfolio of Class A institutional-quality apartment properties. The Companys business is conducted through its operating partnership, Bluerock Residential Holdings, L.P. Its principal business objective is to generate risk-adjusted investment returns by assembling a portfolio of apartment properties located in growth markets and by implementing its investment strategies to achieve sustainable long-term growth in both its funds from operations and net asset value. The Companys portfolio consists of interests in over 10 properties, including Alexan CityCentre, ARIUM Grande Lakes, Ashton Reserve, Enders and Lansbrook Village. The Companys operating properties consist of approximately 3,200 units. The Ashton Reserve Apartments consists of one-, two- and three-bedroom layouts.

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