Large Outflow of Money Witnessed in DDR

DDR (DDR) : The total money flow in DDR (DDR) was negative ($2.3 million), which signals selling by the traders on Fridays session. They trimmed their holdings by selling the stock on downticks to the tune of $3.91 million. In comparison, the inflow of money into the stock on upticks was $1.61 million. The uptick to downtick ratio was 0.41. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $1.19 million. The negative money flow of ($1.19 million) confirms the selling in DDR (DDR) on strength. DDR (DDR) gained $0.02 at $19.67, a gain of 0.08% over the previous days close. However, the stock registered 2.58% in the week.


DDR (DDR) : 10 investment research analysts covering DDR (DDR) have an average price target of $18.5 for the near short term. The highest target price given by the Brokerage Firm to the stock is $21 and the lowest target is $17 for the short term. Analysts expect the variance to be within $1.15 of the average price.

DDR (NYSE:DDR): On Fridays trading session , Opening price of the stock was $19.62 with an intraday high of $19.82. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $19.56. However, the stock managed to close at $19.56, a loss of 0.46% for the day. On the previous day, the stock had closed at $19.65. The total traded volume of the day was 2,800,619 shares.

In a related news, The Securities and Exchange Commission has divulged that Vesy Christa A, Officer (Exec. V.P. & Chief Acct. Off.) of DDR CORP, had unloaded 5,000 shares at an average price of $17.38 in a transaction dated on June 27, 2016. The total value of the transaction was worth $86,900.

DDR Corp. (DDR) is a self-administered and self-managed real estate investment trust (REIT). The Company is in the business of acquiring, owning, developing, redeveloping, expanding, leasing and managing shopping centers. In addition, the Company engages in the origination and acquisition of loans and debt securities, which are generally collateralized directly or indirectly by shopping centers. The Company owns and manages approximately 415 shopping centers representing 118 million square feet in 41 states and Puerto Rico. DDR has completed 53 redevelopment projects. Its properties include Eastland Center in California, Easton Market in Ohio and The Maxwell in Illinois.

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