Investors Real Estate Trust (NYSE:IRET) : During the past 4 weeks, traders have been relatively bearish on Investors Real Estate Trust (NYSE:IRET), hence the stock is down -5.06% 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 -4.31% relative to the S&P 500. The 4-week change in the price of the stock is -3.53% and the stock has fallen -3.08% in the past 1 week.
The company shares have dropped -14.19% from its 1 Year high price. On Nov 5, 2015, the shares registered one year high at $8.39 and the one year low was seen on Apr 28, 2016. The 50-Day Moving Average price is $6.31 and the 200 Day Moving Average price is recorded at $6.55.
The stock has recorded a 20-day Moving Average of 0.81% and the 50-Day Moving Average is 1.53%.
Investors Real Estate Trust (NYSE:IRET): stock turned positive on Friday. Though the stock opened at $6.14, the bulls momentum made the stock top out at $6.29 level for the day. The stock recorded a low of $6.08 and closed the trading day at $6.29, in the green by 2.61%. The total traded volume for the day was 707,658. The stock had closed at $6.13 in the previous days trading.
In an insider trading activity, Stenehjem Stephen, director of Investors Real Estate Trust, executed a transaction worth $2,996 on July 5, 2016. A total of 474 shares were purchased at an average price of $6.32. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Investors Real Estate Trust (IRET) is a self-advised equity real estate investment trust (REIT). The Companys business consists of owning and operating income-producing real estate properties. IRET operates through five segments: multi-family residential; office; healthcare, including senior housing; industrial and retail properties. The Companys properties are located primarily in the upper Midwest states of Minnesota and North Dakota. As of April 30, 2015, IRETs real estate portfolio consisted of 100 multi-family residential properties containing 11,844 apartment units; 53 office properties containing 4.2 million square feet of leasable space; 66 healthcare properties, including senior housing, containing approximately three million square feet of leasable space; seven industrial properties containing 1.2 million square feet of leasable space, and 23 retail properties containing 1.2 million square feet of leasable space.