Apartment Investment and Management Company (AIV) : Traders are bullish on Apartment Investment and Management Company (AIV) as it has outperformed the S&P 500 by a wide margin of 1.15% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.82%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.34% in the last 1 week, and is up 1.01% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 2.48% and the 50-Day Moving Average is 3%.The 200 Day SMA reached 13.64%. Apartment Investment and Management Company is up 15.95% in the last 3-month period. Year-to-Date the stock performance stands at 17.29%.
Apartment Investment and Management Company (NYSE:AIV): After opening at $45.55, the stock dipped to an intraday low of $45.38 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $46.26 and the buying power remained strong till the end. The stock closed at $45.82 for the day, a gain of 0.97% for the day session. The total traded volume was 1,445,586. The stocks close on the previous trading day was $45.38.
Apartment Investment and Management Company (Aimco) is a self-administered and self-managed real estate investment trust (REIT). The Company operates through two segments: conventional real estate and affordable real estate. As of December 31, 2014, the Companys conventional portfolio consisted of 144 apartment communities with 43,393 apartment homes in , which it held an average ownership of approximately 97%. It also operates a portfolio of affordable apartment communities, which consists of apartments with rents that are generally paid, in whole or part, by a government agency. As of December 31, 2014, its affordable portfolio consisted of 59 apartment communities with 8,943 apartment homes in , which it held an average ownership of approximately 93%. Aimco, through its wholly owned subsidiaries, AIMCO-GP, Inc. and AIMCO-LP Trust, owns the ownership interests in the Aimco Operating Partnership.