On a relative basis, the stock has outperformed the S&P 500 by 0.62% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The 4-week change in the price of the stock is -1.42% and the stock has fallen -1.63% in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.56% and the 50-Day Moving Average is 2.95%.The 200 Day SMA reached 4.15% Acadia Realty Trust is up 4.91% in the last 3-month period. Year-to-Date the stock performance stands at 8.68%.
Acadia Realty Trust (AKR) : 4 Wall Street analysts covering Acadia Realty Trust (AKR) believe that the average level the stock could reach for the short term is $39.75. The maximum price target given is $40 and the minimum target for short term is around $39, hence the standard deviation is calculated at $0.5.
For the current week, the company shares have a recommendation consensus of Buy. Acadia Realty Trust (NYSE:AKR): The stock opened at $35.25 and touched an intraday high of $35.56 on Friday. During the day, the stock corrected to an intraday low of $35.04, however, the bulls stepped in and pushed the price higher to close in the green at $35.5 with a gain of 0.71% for the day. The total traded volume for the day was 1,595,725. The stock had closed at $35.5 in the previous trading session.
Acadia Realty Trust is a real estate investment trust (REIT). The Trust is focused on the ownership, acquisition, redevelopment and management of retail properties located in metropolitan areas in the United States. The Trusts Core Portfolio consists of street retail and urban assets, as well as suburban properties located in high-barrier-to-entry, densely-populated trade areas. It also makes investments in first mortgages, preferred equity and other notes receivable collateralized by real estate, (Structured Finance Program) either directly or through entities having an ownership interest therein. The Trust operates in three segments: Core Portfolio, Funds and Structured Financing. All of the Trusts assets are held by, and all of the Trusts operations are conducted through Acadia Realty Limited Partnership (the Operating Partnership) and entities in which the Operating Partnership owns an interest. The Trust has approximately 700 leases.