Equity One (EQY) has been under a strong bear grip, hence the stock is down -2.99% 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 1.21% in the past 1 week. The stock has risen by 1.72% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.12% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.01% and the 50-Day Moving Average is 1.25%.The 200 Day SMA reached 9.59%. Equity One Inc. is up 6.54% in the last 3-month period. Year-to-Date the stock performance stands at 17.46%.
Equity One (NYSE:EQY): After opening at $31.11, the stock dipped to an intraday low of $31.01 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $31.57 and the buying power remained strong till the end. The stock closed at $31.41 for the day, a gain of 1.42% for the day session. The total traded volume was 624,936. The stocks close on the previous trading day was $30.97.
Equity One, Inc. is a real estate investment trust (REIT). The Company owns, manages, acquires, develops and redevelops shopping centers and retail properties located in supply constrained suburban and urban communities. The Companys subsidiaries include DIM Vastgoed, N.V. and C&C (US) No. 1, Inc. Its property portfolio include Circle Center West, Culver Center, Aventura Square, Bird Ludlum, Greenwood, Pavilion, Sheridan Plaza, Westport Plaza, Alafaya Village, Ryanwood, Plaza Escuela, Southbury Green, Buckhead Station, Hampton Oaks, Quincy Star Market, Elmwood Oaks, Centre Pointe Plaza and Westwood Towers, among others. These properties are located in Florida, California, Connecticut, New York, Georgia, Massachusetts, Louisiana, Maryland and North Carolina. Its consolidated shopping center portfolio comprised approximately 122 properties, including over 102 retail properties and approximately five non-retail properties totaling approximately 13.5 million square feet of GLA.