On a relative basis, the stock has outperformed the S&P 500 by 2.32% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.98% in the last 1 week, and is up 3.97% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 6.88% from its 1 Year high price. On Jul 5, 2016, the shares registered one year high at $133.62 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $127.98 and the 200 Day Moving Average price is recorded at $124.21.
The stock has recorded a 20-day Moving Average of 3.81% and the 50-Day Moving Average is 4.12%.
Boston Properties (NYSE:BXP): stock turned positive on Friday. Though the stock opened at $130.97, the bulls momentum made the stock top out at $133.61 level for the day. The stock recorded a low of $130.655 and closed the trading day at $133.32, in the green by 2.53%. The total traded volume for the day was 658,039. The stock had closed at $130.03 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Boston Properties Inc, Dykstra Karen E had purchased shares worth of $189,735 in a transaction dated on June 14, 2016. A total of 1,500 shares were purchased at a price of $126.49 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
Boston Properties, Inc. is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company is engaged in owning and developing office properties in the United States. The Companys properties are concentrated in four markets: Boston, New York, San Francisco and Washington, DC. The Company conducts all of its business through its subsidiary, Boston Properties Limited Partnership. The Company considers office/technical properties to be properties that support office, research and development, laboratory and other technical uses. The Company is also engaged in providing resources in acquisitions, development, financing, capital markets, construction management, property management, marketing, leasing, accounting, risk management, tax and legal services.