Shares of Camden Property Trust (CPT) Sees Large Outflow of Money

Camden Property Trust (CPT) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($9.23 million) and the uptick to downtick ratio was 0.69. The transaction value on upticks was $20.28 million and on downticks, the transaction value was $29.5 million. In block trades, the transaction value of inflow done during uptick was $3.26 million. The transaction value of block trades during downticks was $12.74 million. The uptick to downtick block trade ratio was 0.26. The money flow was negative ($9.48 million), indicating the traders were booking profit on the price strength. Camden Property Trust (CPT) rose $1.77 at $88.48, during intraday Monday , a rise of 2.04% over the previous days close.


Shares of Camden Property Trust rose by 1.5% in the last five trading days and 0.92% for the last 4 weeks. Camden Property Trust is up 2.84% in the last 3-month period. Year-to-Date the stock performance stands at 17.36%.

Camden Property Trust (NYSE:CPT): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $87.82 and $87.82 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $89.19. The buying momentum continued till the end and the stock did not give up its gains. It closed at $88.48, notching a gain of 2.04% for the day. The total traded volume was 1,266,577 . The stock had closed at $86.71 on the previous day.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Chief Operating Officer) of Camden Property Trust, Stewart H Malcolm had sold 11,446 shares worth of $999,465 in a transaction dated August 9, 2016. In this transaction, 11,446 shares were sold at $87.32 per share.

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.

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