Ventas (VTR) : Traders are bullish on Ventas (VTR) as it has outperformed the S&P 500 by a wide margin of 1.07% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.25%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.76% in the last 1 week, and is up 0.94% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 0.04% and the 50-Day Moving Average is 0.37%.The 200 Day SMA reached 18.39%. Ventas, Inc. is up 9.94% in the last 3-month period. Year-to-Date the stock performance stands at 33.2%.
Ventas (NYSE:VTR): After opening at $72.64, the stock dipped to an intraday low of $72.62 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $74.48 and the buying power remained strong till the end. The stock closed at $73.41 for the day, a gain of 1.49% for the day session. The total traded volume was 1,779,001. The stocks close on the previous trading day was $72.33.
Ventas, Inc. is a real estate investment trust (REIT). The Company has a portfolio of seniors housing and healthcare properties located throughout the United States, Canada and the United Kingdom. The Company operates through three segments: triple-net leased properties, senior living operations and MOB operations. The triple-net leased properties segment invests in seniors housing and healthcare properties throughout the United States and the United Kingdom and lease those properties to healthcare operating companies under triple-net or absolute-net leases that obligate the tenants to pay all property-related expenses. The senior living operations segment invests in seniors housing communities throughout the United States and Canada and engages independent operators, such as Atria and Sunrise, to manage those communities. The MOB operations segment, acquires, owns, develops, leases, and manages MOBs throughout the United States. It invests in seniors housing and healthcare properties.