Mid-America Apartment Communities (MAA) : During the past 4 weeks, traders have been relatively bearish on Mid-America Apartment Communities (MAA), hence the stock is down -1.39% 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 -2.44% relative to the S&P 500. The 4-week change in the price of the stock is -1.92% and the stock has fallen -2.28% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.9% and the 50-Day Moving Average is 3.98%.The 200 Day SMA reached 2.55%
Mid-America Apartment Communities (NYSE:MAA): The stock opened in the green at $96.59 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $96.902 and a low of $93.94 for the day. The stock did not find buyers even at the lows and closed at $93.99 recording a loss of -2.25%. 800,502 shares exchanged hands during the trading day. The stock had closed at $93.99 in the previous days trading.
Mid-America Apartment Communities (MAA) : The consensus price target for Mid-America Apartment Communities (MAA) is $108.58 for the short term with a standard deviation of $6.86. The most optimist securities analyst among the 12 who monitor the stock believes that the stock can reach $119, however, the pessimist price target for the company is $98.
Mid-America Apartment Communities, Inc. is a multifamily focused, self-administered and self-managed Real Estate Investment Trust (REIT). The Company is the general partner of Mid-America Apartments, L.P. The Company owns, operates, acquires and develops apartment communities primarily located in the Southeast and Southwest regions of the United States. The Companys segments include large market same store communities, secondary market same store communities and non-same store communities and other. As of December 31, 2014, the Companys activities include full or partial ownership and operation of 268 multi-family properties and three commercial properties, located in Alabama, Arizona, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, Missouri, Nevada, North Carolina, South Carolina, Tennessee, Texas and Virginia.