Columbia Property Trust (NYSE:CXP) : During the past 4 weeks, traders have been relatively bearish on Columbia Property Trust (NYSE:CXP), hence the stock is down -4.89% 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 -0.76% relative to the S&P 500. The stock has risen by 0.51% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.35% in the past 4 weeks.
The company shares have dropped -13.96% from its 1 Year high price. On Oct 30, 2015, the shares registered one year high at $26.24 and the one year low was seen on Feb 19, 2016. The 50-Day Moving Average price is $21.44 and the 200 Day Moving Average price is recorded at $21.70.
The stock has recorded a 20-day Moving Average of 0.06% and the 50-Day Moving Average is 0.69%.
Columbia Property Trust (NYSE:CXP): stock turned positive on Friday. Though the stock opened at $21.33, the bulls momentum made the stock top out at $21.8 level for the day. The stock recorded a low of $21.25 and closed the trading day at $21.63, in the green by 1.84%. The total traded volume for the day was 769,456. The stock had closed at $21.24 in the previous days trading.
In an insider trading activity, Dixon John L., director of Columbia Property Trust, Inc., had purchased 2,000 shares on August 24, 2015. The total value of the transaction was $43,920. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.
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.