Stag Industrial (STAG) : During the past 4 weeks, traders have been relatively bearish on Stag Industrial (STAG), hence the stock is down -2.3% 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 -2.58% relative to the S&P 500. The 4-week change in the price of the stock is -4.28% and the stock has fallen -2.06% in the past 1 week.
The stock has recorded a 20-day Moving Average of 4.3% and the 50-Day Moving Average is 4.61%.The 200 Day SMA reached 14.7% STAG Industrial, Inc. is up 3.33% in the last 3-month period. Year-to-Date the stock performance stands at 32.03%.
Stag Industrial (STAG) stock is expected to deviate a maximum of $1.84 from the average target price of $24.72 for the short term period. 9 Street Experts have initiated coverage on the stock with the most promising target being $27 and the most muted being $21.
Company shares have received an average consensus rating of Hold for the current week Stag Industrial (NYSE:STAG): The stock opened at $22.98 and touched an intraday high of $23.29 on Friday. During the day, the stock corrected to an intraday low of $22.83, however, the bulls stepped in and pushed the price higher to close in the green at $23.27 with a gain of 1.26% for the day. The total traded volume for the day was 1,104,038. The stock had closed at $23.27 in the previous trading session.
STAG Industrial, Inc. is focused on the acquisition and operation of single-tenant, industrial properties throughout the United States. As of December 31, 2014, The Company owned 248 buildings in 36 states with approximately 47.0 million rentable square feet, consisting of 178 warehouse/distribution buildings, 50 light manufacturing buildings and 20 flex/office buildings. The Company owns two developable vacant land parcels adjacent to two of its buildings. As of December 31, 2014, its buildings were 94.9% leased to 227 tenants, with no single tenant accounting for more than 2.3% of its total annualized rent and no single industry accounting for more than 12.1% of its total annualized rent.