Shares of Equity Residential (NYSE:EQR) Sees Large Outflow of Money

Shares of Equity Residential (NYSE:EQR) advanced to $66.03. The price had gained 0.28% or 0.19 points intraday. The latest trading session witnessed $20.79 million in upticks and $23.71 million in downticks, resulting in net money flow of (-2.91) million. The up/down ratio for the day stood at 0.88. On a weekly scale, the price has seen a change of 0.33%. From the trading data available, it was disclosed that a block trade of negative money flow worth $(-4.38) million occurred during the day. $0.97 million in uptick and $5.35 million in downtick were the highlight of the block transaction which had an up/down ratio of 0.18.


The stock has recorded a 20-day Moving Average of 0.15% and the 50-Day Moving Average is 3.58%. The company shares have dropped 8.31% in the past 52 Weeks. On December 31, 2015 The shares registered one year high of $82.39 and one year low was seen on August 24, 2015 at $61.9. The 50-day moving average is $67.6 and the 200 day moving average is recorded at $73.15. S&P 500 has rallied 1.93% during the last 52-weeks.

Equity Residential (NYSE:EQR): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $66.01 and $65.73 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $66.23. The buying momentum continued till the end and the stock did not give up its gains. It closed at $66.00, notching a gain of 0.24% for the day. The total traded volume was 2,493,815 . The stock had closed at $65.84 on the previous day.

Currently the company Insiders own 3.9% of Equity Residential shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -61.62% . Institutional Investors own 99.14% of Equity Residential shares. During last six month period, the net percent change held by insiders has seen a change of -11.39%. On the companys insider trading activities,The officer (Executive Vice President) of Equity Residential, Tennison Mark N sold 52,293 shares at $74.88 on March 29, 2016. The Insider selling transaction had a total value worth of $3,915,700. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Equity Residential is a real estate investment trust (REIT) focused on the acquisition, development and management of apartment properties in the United States growth markets. ERP Operating Limited Partnership (ERPOP) conducts the multifamily residential property business of Equity Residential. The Company is the general partner and owns an approximate 96.2% ownership interest in ERPOP. The remaining 3.8% interest is owned by limited partners. As of December 31, 2014, the Company, directly or indirectly through investments in title holding entities, owned all or a portion of 391 properties located in 12 states and the District of Columbia consisting of 109,225 apartment units. All of the Companys property ownership, development and related business operations are conducted through ERPOP.

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