DDR (DDR) Shares are Down -2.28%

DDR (DDR) : During the past 4 weeks, traders have been relatively bearish on DDR (DDR), hence the stock is down -6.34% 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 -2.25% relative to the S&P 500. The 4-week change in the price of the stock is -5.98% and the stock has fallen -2.28% in the past 1 week.

DDR Corp. is up 8.3% in the last 3-month period. Year-to-Date the stock performance stands at 9.2%. The stock has recorded a 20-day Moving Average of 4.25% and the 50-Day Moving Average is 1.3%.


DDR (NYSE:DDR): The stock opened at $18.56 on Friday but the bulls could not build on the opening and the stock topped out at $18.61 for the day. The stock traded down to $18.35 during the day, due to lack of any buying support eventually closed down at $18.39 with a loss of -0.92% for the day. The stock had closed at $18.56 on the previous day. The total traded volume was 1,218,334 shares.

Also, Brokerage firm Citigroup maintains its rating on DDR (NYSE:DDR). As per the latest information, the brokerage house raises the price target to $20 per share from a prior target of $18.5. The shares have been rated Neutral. The rating by the firm was issued on August 12, 2016.

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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