Colony Capital Inc (CLNY) : Traders are bullish on Colony Capital Inc (CLNY) as it has outperformed the S&P 500 by a wide margin of 11.56% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.78%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.72% in the last 1 week, and is up 15.31% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 7.28% and the 50-Day Moving Average is 5.84%. Colony Capital, Inc. is up 3.24% in the last 3-month period. Year-to-Date the stock performance stands at -3.98%.
Colony Capital Inc (NYSE:CLNY): stock turned positive on Friday. Though the stock opened at $17.49, the bulls momentum made the stock top out at $17.91 level for the day. The stock recorded a low of $17.49 and closed the trading day at $17.78, in the green by 1.08%. The total traded volume for the day was 924,840. The stock had closed at $17.59 in the previous days trading.
Colony Capital, Inc., formerly Colony Financial, Inc., is a diversified commercial real estate and investment management company that owns a portfolio of real estate equity and debt investments at risk-adjusted returns. The Company operates in four segments: real estate debt investments, which include originated and acquired commercial real estate debt, mortgage-backed securities, and other debt-related investments; a portfolio of light industrial real estate assets and associated operating platform acquired from Cobalt Capital Partners, L.P. and its affiliates; single-family residential rentals through its investment in CAH OP, and other real estate equity investments, which include real estate acquired in settlement of loans or from acquisition of operating properties, common equity in real estate or related companies, and certain preferred equity investments with profit participation meeting certain risk or return profiles.