Camden Property Trust (CPT) : During the past 4 weeks, traders have been relatively bearish on Camden Property Trust (CPT), hence the stock is down -6.68% 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 -4.16% relative to the S&P 500. The 4-week change in the price of the stock is -4.36% and the stock has fallen -3.75% in the past 1 week.
Camden Property Trust (NYSE:CPT): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $86.25 and $85.86 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $86.67. The buying momentum continued till the end and the stock did not give up its gains. It closed at $86.23, notching a gain of 0.14% for the day. The total traded volume was 395,096 . The stock had closed at $86.11 on the previous day.
The stock has recorded a 20-day Moving Average of 2.65% and the 50-Day Moving Average is 0.55%. Camden Property Trust is up 1.55% in the last 3-month period. Year-to-Date the stock performance stands at 14.38%.
Camden Property Trust (CPT) : Currently there are 14 street experts covering Camden Property Trust (CPT) stock. The most bullish and bearish price target for the stock is $101 and $70 respectively for the short term. The average price target of all the analysts comes to $86.21. The estimated standard deviation from the target is $7.66.
Camden Property Trust is a real estate investment trust (REIT). The Company is engaged in the ownership, management, development, redevelopment, acquisition and construction of multifamily apartment communities. The Companies properties consist of mid-rise buildings or two and three story buildings in a landscaped setting and provide residents with various amenities common to multifamily rental properties. As of December 31, 2014, the Company owned interests in, operated or was developing 181 multifamily properties consisting of 63,163 apartment homes across the United States. The Companys properties include Camden Copper Square, Camden Montierra, Camden Sea Palms, Camden Tuscany, Camden Belleview Station, Camden Denver West, Camden Fallsgrove, Camden Summerfield, Camden Bay, Camden Brookwood and Camden Ballantyne, among others.