Lexington Realty Trust (LXP) : During the past 4 weeks, traders have been relatively bearish on Lexington Realty Trust (LXP), hence the stock is down -2.74% 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 -0.1% relative to the S&P 500. The 4-week change in the price of the stock is -2.94% and the stock has fallen -0.75% in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 1.31% and the fifty day Moving Average is 1.61%. Lexington Realty Trust is up 13.5% in the last three month period. Year-to-Date the stock performance stands at 36.93%.
Lexington Realty Trust (LXP) : The most positive equity analysts on Lexington Realty Trust (LXP) expects the shares to touch $11, whereas, the least positive believes that the stock will trade at $8 in the short term. The company is covered by 4 Wall Street Brokerage Firms. The average price target for shares are $9.63 with an expected fluctuation of $1.25 from the mean.
Lexington Realty Trust (NYSE:LXP): On Fridays trading session , Opening price of the stock was $10.83 with an intraday high of $10.87. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $10.51. However, the stock managed to close at $10.55, a loss of 2.22% for the day. On the previous day, the stock had closed at $10.79. The total traded volume of the day was 1,779,231 shares.
Lexington Realty Trust is a self-managed and self-administered real estate investment trust (REIT). The Company owns a portfolio of equity and debt investments in single-tenant properties and land. It also provides investment advisory and asset management services to investors in the single-tenant area. The Company has equity ownership interests in approximately 215 consolidated real estate properties, located in 40 states and containing an aggregate of approximately 39.9 million square feet of space, approximately 96.4% of which was leased. It conducts its operations through property owner subsidiaries and lender subsidiaries; an operating partnership, Lepercq Corporate Income Fund L.P., in which the Company is the sole unit holder of the general partner and the sole unit holder of the limited partner that holds a majority of the limited partner interests; Lexington Realty Advisors, Inc., a subsidiary of the Company, and investments in joint ventures.