First Potomac Realty Trust (FPO) Shares are Down -2.86%

First Potomac Realty Trust (FPO) : During the past 4 weeks, traders have been relatively bearish on First Potomac Realty Trust (FPO), hence the stock is down -2.61% 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 -3.38% relative to the S&P 500. The 4-week change in the price of the stock is -4.58% and the stock has fallen -2.86% in the past 1 week.

The stock has recorded a 20-day Moving Average of 6.23% and the 50-Day Moving Average is 6.12%.The 200 Day SMA reached 1.58% First Potomac Realty Trust has dropped 0.93% during the last 3-month period . Year-to-Date the stock performance stands at -16.47%.


First Potomac Realty Trust (FPO) : The most positive equity analysts on First Potomac Realty Trust (FPO) expects the shares to touch $11, whereas, the least positive believes that the stock will trade at $9 in the short term. The company is covered by 5 Wall Street Brokerage Firms. The average price target for shares are $10.5 with an expected fluctuation of $0.87 from the mean.

Company shares have received an average consensus rating of Hold for the current week First Potomac Realty Trust (NYSE:FPO): The stock opened at $9.24 and touched an intraday high of $9.5995 on Friday. During the day, the stock corrected to an intraday low of $8.99, however, the bulls stepped in and pushed the price higher to close in the green at $9.17 with a gain of 2.00% for the day. The total traded volume for the day was 1,303,216. The stock had closed at $9.17 in the previous trading session.

First Potomac Realty Trust (First Potomac) is engaged in the ownership, management, development and redevelopment of office and business park properties in the greater Washington, D.C. region. The Companys portfolio consist a mix of single-tenant and multi-tenant office properties and business parks. The office properties are single-story and multi-story buildings that are primarily for office uses, and business parks consists buildings with office features combined with some industrial property space. The Companys properties are in Washington, D.C., Maryland, Northern Virginia and Southern Virginia. The Company conducts its business through First Potomac Realty Investment Limited Partnership, the Companys operating partnership (the Operating Partnership).

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