Government Properties Income Trust (GOV) : During the past 4 weeks, traders have been relatively bearish on Government Properties Income Trust (GOV), hence the stock is down -5.28% 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 -4.63% relative to the S&P 500. The 4-week change in the price of the stock is -5.79% and the stock has fallen -4.48% in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.41% and the 50-Day Moving Average is 3.23%.The 200 Day SMA reached 19.78%
Government Properties Income Trust (NYSE:GOV): The stock opened in the green at $23.06 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $23.1787 and a low of $22.61 for the day. The stock did not find buyers even at the lows and closed at $22.62 recording a loss of -1.65%. 591,253 shares exchanged hands during the trading day. The stock had closed at $22.62 in the previous days trading.
Government Properties Income Trust (GOV) : 4 investment research analysts covering Government Properties Income Trust (GOV) have an average price target of $20 for the near short term. The highest target price given by the Brokerage Firm to the stock is $27 and the lowest target is $17 for the short term. Analysts expect the variance to be within $4.76 of the average price.
Government Properties Income Trust is a real estate investment trust (REIT). The Company operates in two business segments: ownership of properties that are primarily leased to Government tenants and its equity method investment in Select Income REIT (SIR). The Companys properties are located in Alabama, Arizona, California, Florida, Kentucky, Massachusetts, New Jersey, New York, Texas, Washington and Wyoming. The Companys properties (64 buildings), with approximately 7.7 million rentable square feet, are primarily leased to the United States Government, 18 of those properties (24 buildings), with approximately 2.6 million rentable square feet primarily leased to 12 state governments, one of those properties (one building), with 187,060 Rentable square feet, is leased to the United Nations, an international intergovernmental organization, and three of those properties (three buildings), with 507,788 rentable square feet primarily leased to non-government tenants.