Digital Realty Trust (DLR) has been under a strong bear grip, hence the stock is down -0.71% 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 0.14% in the past 1 week. The stock has risen by 0.64% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.84% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.54% and the 50-Day Moving Average is 3.98%.The 200 Day SMA reached 13.24%. Digital Realty Trust Inc. is up 1.3% in the last 3-month period. Year-to-Date the stock performance stands at 34.91%.
Digital Realty Trust (NYSE:DLR): After opening at $99.81, the stock dipped to an intraday low of $99.81 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $102.64 and the buying power remained strong till the end. The stock closed at $100.1 for the day, a gain of 0.65% for the day session. The total traded volume was 1,260,402. The stocks close on the previous trading day was $99.45.
Digital Realty Trust, Inc. is a real estate investment trust (REIT) that owns, acquires, develops and manages technology-related real estate. The Companys services include implementation services, remote hands services, data center infrastructure management (DCIM), client services and digital realty partner network. The Company is a sole general partner of Digital Realty Trust, L.P. As of December 31, 2014, Digital Realty Trust, Inc. owned 97.8% common general partnership interest in Digital Realty Trust, L.P. The remaining 2.2% common limited partnership interests are owned by non-affiliated investors and certain directors and officers of Digital Realty Trust, Inc. The Company focuses on strategically located properties containing applications and operations critical to the day-to-day operations of technology industry tenants and corporate enterprise datacenter users, including the information technology (IT) departments of Fortune 100 and financial services companies.