Brandywine Realty Trust (BDN) has been under a strong bear grip, hence the stock is down -1.43% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.66% in the past 1 week. The stock has risen by 2.18% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.56% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.08% and the 50-Day Moving Average is 0.19%.The 200 Day SMA reached 14.97%. Brandywine Realty Trust is up 3.67% in the last 3-month period. Year-to-Date the stock performance stands at 24.18%.
Brandywine Realty Trust (NYSE:BDN): After opening at $16.1, the stock dipped to an intraday low of $16.06 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $16.49 and the buying power remained strong till the end. The stock closed at $16.44 for the day, a gain of 2.75% for the day session. The total traded volume was 1,340,098. The stocks close on the previous trading day was $16.
Brandywine Realty Trust is a self-administered and self-managed real estate investment trust (REIT). The Trust provides leasing, property management, development, redevelopment, acquisition and other tenant-related services for a portfolio of office, industrial, retail and mixed-use properties. The Trust owns its assets and conducts its operations through the Brandywine Operating Partnership, L.P. (Operating Partnership) and subsidiaries of the Operating Partnership. The Trust is the sole general partner of the Operating Partnership. The Trusts portfolio is managed through seven segments: Pennsylvania; Philadelphia Central Business District (CBD); Metropolitan Washington, D.C.; New Jersey/Delaware; Richmond, Virginia; Austin, Texas, and California. The Pennsylvania segment includes properties in Chester, Delaware and Montgomery counties in the Philadelphia suburbs. The Philadelphia CBD segment includes properties located in the City of Philadelphia in Pennsylvania.