American Campus Communities Inc (ACC) : During the past 4 weeks, traders have been relatively bearish on American Campus Communities Inc (ACC), hence the stock is down -2.53% 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 -1.47% relative to the S&P 500. The 4-week change in the price of the stock is -4.51% and the stock has fallen -0.95% in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.67% and the 50-Day Moving Average is 6.12%.The 200 Day SMA reached 5.51% American Campus Communities, Inc. has dropped 0.11% during the last 3-month period . Year-to-Date the stock performance stands at 19.47%.
American Campus Communities Inc (ACC) : 6 investment research analysts covering American Campus Communities Inc (ACC) have an average price target of $54.33 for the near short term. The highest target price given by the Brokerage Firm to the stock is $56 and the lowest target is $48 for the short term. Analysts expect the variance to be within $3.2 of the average price.
For the current week, the company shares have a recommendation consensus of Buy. American Campus Communities Inc (NYSE:ACC): The stock opened at $47.62 and touched an intraday high of $48.18 on Friday. During the day, the stock corrected to an intraday low of $47.49, however, the bulls stepped in and pushed the price higher to close in the green at $48.11 with a gain of 0.33% for the day. The total traded volume for the day was 1,056,468. The stock had closed at $48.11 in the previous trading session.
American Campus Communities, Inc. is a real estate investment trust (REIT). The Company holds an approximate 98.8% limited partnership interest in American Campus Communities Operating Partnership L.P. The Company owns, manages and develops student housing properties in the United States in terms of beds owned and under management. It is a self-managed and self-administered equity REIT engaged in the acquisition, design, financing, development, construction management, leasing and management of student housing properties. The Companys total owned and third-party managed portfolio includes approximately 204 properties with 130,700 beds in 44,300 units. Its property portfolio consists of approximately 145 owned off-campus student housing properties. It operates under four segments: Wholly-Owned Properties, On-Campus Participating Properties, Development Services and Property Management Services.