Equity Commonwealth (EQC) : The money flow analysis of Equity Commonwealth (EQC) indicates a $0.05 million of outflow was on downticks, whereas, the investors on Tuesday gobbled up stocks worth $0.17 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 3.51 and so was the total money flow at $0.12 million. The bulls lapped up $0.1 million worth of block trades on upticks. The money flow was $0.1 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Equity Commonwealth (EQC), pushing it down by -0.2% for the day. The stock slid $0.06 and traded at $29.81 during the day. Nonetheless, the stock is 1.6% over the previous weeks close.
The company Insiders own 0.94% of Equity Commonwealth shares according to the proxy statements. Institutional Investors own 92.49% of Equity Commonwealth shares. In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the CFO of Equity Commonwealth, Markman Adam Scott had purchased shares worth of $122,445 in a transaction dated on August 10, 2015. A total of 4,500 shares were purchased at a price of $27.21 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
Equity Commonwealth has dropped 0.3% in the last five trading days, however, the shares have posted positive gains of 1.03% in the last 4 weeks. Equity Commonwealth is up 6% in the last 3-month period. Year-to-Date the stock performance stands at 6.42%.
Equity Commonwealth (NYSE:EQC): On Tuesdays trading session , Opening price of the stock was $29.87 with an intraday high of $29.9557. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $29.46. However, the stock managed to close at $29.51, a loss of 1.21% for the day. On the previous day, the stock had closed at $29.87. The total traded volume of the day was 921,524 shares.
Equity Commonwealth (EQC) is an internally managed and self-advised real estate investment trust (REIT). The Company is engaged in the ownership and operation primarily of office buildings in central business district (CBD) and suburban locations throughout the United States. The Companys two reportable segments include CBD properties and suburban properties. Its portfolio consists of 156 properties (262 buildings) with a combined 42.9 million square feet. The Companys portfolio comprises 40 properties (53 buildings) with a combined 21.9 million square feet located in CBD locations and 116 properties (209 buildings) with a combined 21.0 million square feet located in suburban locations. Eleven of its properties (11 buildings) with a combined 1.8 million square feet are located in Australia. The Companys properties are leased to approximately 1,800 tenants. Its principal source of funds for its operations is rents from tenants at its properties.