Alexandria Real Estate Equities (ARE) : During the past 4 weeks, traders have been relatively bearish on Alexandria Real Estate Equities (ARE), hence the stock is down -2.23% 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 -4.23% relative to the S&P 500. The 4-week change in the price of the stock is -2.75% and the stock has fallen -4.07% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.52% and the 50-Day Moving Average is 0.6%.The 200 Day SMA reached 16.06%
Alexandria Real Estate Equities (NYSE:ARE): The stock opened in the green at $110.3 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $110.61 and a low of $108.61 for the day. The stock did not find buyers even at the lows and closed at $108.77 recording a loss of -0.93%. 676,003 shares exchanged hands during the trading day. The stock had closed at $108.77 in the previous days trading.
Alexandria Real Estate Equities (ARE) has been rated by 8 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $125 and the lowest price target forecast is $106. The average forecast of all the analysts is $114.5 and the expected standard deviation is $6.65.
Alexandria Real Estate Equities, Inc. is a self-administered and self-managed real estate investment (REIT). The Company is engaged in the business of providing office/laboratory and tech office space for lease to the science and technology industries. The Company has five properties in Canada, as well as eight operating properties, one development project, and several land parcels in Asia. As of December 31, 2014, the Company had 193 properties containing approximately 18.7 million rentable square feet (RSF) of office/laboratory and tech office space. As of December 31, 2014, the Company had 562 leases with a total of 441 client tenants and 87 of its 193 properties were single-tenant properties. The Companys portfolio includes Alexandria Center at Kendall Square; Alexandria Park at 128; Alexandria Technology Center-Gateway; Alexandria Center for Life Science; ARE Nautilus; ARE Towne Centre; ARE Portola, and Alexandria Technology Center-Gaithersburg I, among others.