Lexington Realty Trust (LXP) : During the past 4 weeks, traders have been relatively bearish on Lexington Realty Trust (LXP), hence the stock is down -4.64% 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 -3.99% relative to the S&P 500. The 4-week change in the price of the stock is -5.16% and the stock has fallen -3.83% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.29% and the 50-Day Moving Average is 1.3%.The 200 Day SMA reached 16.9%
Lexington Realty Trust (NYSE:LXP): The stock opened in the green at $10.42 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $10.46 and a low of $10.27 for the day. The stock did not find buyers even at the lows and closed at $10.3 recording a loss of -0.39%. 853,787 shares exchanged hands during the trading day. The stock had closed at $10.3 in the previous days trading.
Lexington Realty Trust (LXP) : 5 investment research analysts covering Lexington Realty Trust (LXP) have an average price target of $9.5 for the near short term. The highest target price given by the Brokerage Firm to the stock is $11 and the lowest target is $8 for the short term. Analysts expect the variance to be within $1.12 of the average price.
Lexington Realty Trust is a self-managed and self-administered real estate investment trust (REIT). The Company owns a portfolio of equity and debt investments in single-tenant properties and land. It also provides investment advisory and asset management services to investors in the single-tenant area. The Company has equity ownership interests in approximately 215 consolidated real estate properties, located in 40 states and containing an aggregate of approximately 39.9 million square feet of space, approximately 96.4% of which was leased. It conducts its operations through property owner subsidiaries and lender subsidiaries; an operating partnership, Lepercq Corporate Income Fund L.P., in which the Company is the sole unit holder of the general partner and the sole unit holder of the limited partner that holds a majority of the limited partner interests; Lexington Realty Advisors, Inc., a subsidiary of the Company, and investments in joint ventures.