Investors Real Estate Trust (IRET) : During the past 4 weeks, traders have been relatively bearish on Investors Real Estate Trust (IRET), hence the stock is down -9.5% 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 -3.25% relative to the S&P 500. The 4-week change in the price of the stock is -9.98% and the stock has fallen -3.09% in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.24% and the 50-Day Moving Average is 5.02%.The 200 Day SMA reached 4.98%
Investors Real Estate Trust (NYSE:IRET): The stock opened in the green at $6.05 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $6.06 and a low of $5.9 for the day. The stock did not find buyers even at the lows and closed at $5.95 recording a loss of -0.67%. 805,260 shares exchanged hands during the trading day. The stock had closed at $5.95 in the previous days trading.
Investors Real Estate Trust (IRET) : Average target price received by Investors Real Estate Trust (IRET) is $6.5 with an expected standard deviation of $0.58. The most aggressive target on the stock is $7, whereas the most downbeat target is $6. 4 financial analysts are currently covering the stock.
Investors Real Estate Trust (IRET) is a self-advised equity real estate investment trust (REIT). The Companys business consists of owning and operating income-producing real estate properties. IRET operates through five segments: multi-family residential; office; healthcare, including senior housing; industrial and retail properties. The Companys properties are located primarily in the upper Midwest states of Minnesota and North Dakota. As of April 30, 2015, IRETs real estate portfolio consisted of 100 multi-family residential properties containing 11,844 apartment units; 53 office properties containing 4.2 million square feet of leasable space; 66 healthcare properties, including senior housing, containing approximately three million square feet of leasable space; seven industrial properties containing 1.2 million square feet of leasable space, and 23 retail properties containing 1.2 million square feet of leasable space.