Equity Lifestyle Properties (ELS) : During the past 4 weeks, traders have been relatively bearish on Equity Lifestyle Properties (ELS), hence the stock is down -1.6% 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 -3.62% relative to the S&P 500. The 4-week change in the price of the stock is -2.13% and the stock has fallen -3.46% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.94% and the 50-Day Moving Average is 1.98%.The 200 Day SMA reached 6.77%
Equity Lifestyle Properties (NYSE:ELS): The stock opened in the green at $78.95 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $78.95 and a low of $77.12 for the day. The stock did not find buyers even at the lows and closed at $77.18 recording a loss of -1.73%. 641,454 shares exchanged hands during the trading day. The stock had closed at $77.18 in the previous days trading.
Equity Lifestyle Properties (ELS) stock is expected to deviate a maximum of $7.57 from the average target price of $78.33 for the short term period. 3 Street Experts have initiated coverage on the stock with the most promising target being $87 and the most muted being $73.
Equity LifeStyle Properties, Inc. (ELS) is a real estate investment trust (REIT). The Company is an owner and operator of lifestyle-oriented properties (Properties). The Company leases individual developed areas (Sites) with access to utilities for placement of factory built homes, cottages, cabins or recreational vehicles (RVs). The Company operates in two segments: Property Operations and Home Sales and Rental Operations. The Property Operations owns and operates land lease Properties and the Home Sales and Rental Operations purchases, sells and leases homes at the Properties. The Company has partnership with MHC Operating Limited. As of December 31, 2014, the Company owned an ownership interest in a portfolio of 384 Properties located throughout the United States and Canada containing 143,113 residential Sites.