SL Green Realty Corporation (SLG) : During the past 4 weeks, traders have been relatively bearish on SL Green Realty Corporation (SLG), hence the stock is down -2.83% 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 -1.51% relative to the S&P 500. The 4-week change in the price of the stock is -4.8% and the stock has fallen -0.98% in the past 1 week.
The stock has recorded a 20-day Moving Average of 4.47% and the 50-Day Moving Average is 4.02%.The 200 Day SMA reached 6.6% SL Green Realty Corp. is up 10.37% in the last 3-month period. Year-to-Date the stock performance stands at -1.24%.
SL Green Realty Corporation (SLG) : The most positive equity analysts on SL Green Realty Corporation (SLG) expects the shares to touch $131, whereas, the least positive believes that the stock will trade at $107 in the short term. The company is covered by 10 Wall Street Brokerage Firms. The average price target for shares are $125.2 with an expected fluctuation of $7.94 from the mean.
Company shares have received an average consensus rating of Hold for the current week SL Green Realty Corporation (NYSE:SLG): stock was range-bound between the intraday low of $109.6 and the intraday high of $110.41 after having opened at $109.83 on Fridays session. The stock finally closed in the red at $109.83, a loss of -0.64%. The stock remained in the red for the whole trading day. The total traded volume was 1,303,822 shares. The stock failed to cross $110.41 in Fridays trading. The stocks closing price on Thursday was $110.62.
SL Green Realty Corp. is a self-managed real estate investment trust, or REIT, with in-house capabilities in property management, acquisitions and dispositions, financing, development and redevelopment, construction and leasing. It operates two segments: real estate and debt and preferred equity investments. The Company owns interests in commercial office properties in the New York Metropolitan area, primarily in midtown Manhattan. The Company also manages an approximately 336,201 square foot office building owned by a third party and held debt and preferred equity investments with a book value of approximately $1.4 billion. The Company also invests in well-collateralized debt and preferred equity investments.