United Dominion Realty Trust (UDR) has been under a strong bear grip, hence the stock is down -1.61% 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 0.55% in the past 1 week. The stock has risen by 1.06% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.74% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.61% and the 50-Day Moving Average is 0.87%.The 200 Day SMA reached 1.42%. UDR, Inc. is up 9.3% in the last 3-month period. Year-to-Date the stock performance stands at -1.28%.
United Dominion Realty Trust (NYSE:UDR): After opening at $36.13, the stock dipped to an intraday low of $36.08 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $36.77 and the buying power remained strong till the end. The stock closed at $36.24 for the day, a gain of 0.42% for the day session. The total traded volume was 1,296,920. The stocks close on the previous trading day was $36.09.
UDR, Inc. is a self-administered real estate investment trust (REIT). The Company owns, operates, acquires, renovates, develops, redevelops and manages multifamily apartment communities located in high barrier-to-entry markets throughout the United States. The Company operates through two segments: Same-Store Communities and Non-Mature Communities/Other. The Companys Same-Store Communities segment includes the communities that were acquired, developed and stabilized prior to January 1, 2013, and held as of December 31, 2014. The Companys Non-Mature Communities/Other segment represents the acquired, developed and redeveloped communities, and the non-apartment components of mixed use properties, which do not meet the criteria to be included in the Same-Store Communities segment. As of December 31, 2014, the Companys consolidated real estate portfolio included 139 communities located in 20 markets, with a total of 39,851 completed apartment homes.