Post Properties (PPS) Shares are Down -2.48%

Post Properties (PPS) : During the past 4 weeks, traders have been relatively bearish on Post Properties (PPS), hence the stock is down -1.63% 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 -2.64% relative to the S&P 500. The 4-week change in the price of the stock is -2.16% and the stock has fallen -2.48% in the past 1 week.

The stock has recorded a 20-day Moving Average of 0.31% and the 50-Day Moving Average is 1.9%.The 200 Day SMA reached 11.5%

Post

Post Properties (NYSE:PPS): The stock opened in the green at $67.81 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $67.98 and a low of $66.11 for the day. The stock did not find buyers even at the lows and closed at $66.13 recording a loss of -2.03%. 810,195 shares exchanged hands during the trading day. The stock had closed at $66.13 in the previous days trading.

Post Properties (PPS) : The highest short term price target forecast on Post Properties (PPS) is $77 and the lowest target price is $58. A total of 10 equity analysts are currently covering the company. The average price of all the analysts is $67.15 with a standard deviation of $5.1.

Post Properties, Inc. is a self-administrated and self-managed equity real estate investment trust (REIT). The Company along with its subsidiaries develops, owns and manages upscale multi-family apartment communities in selected markets in the United States. The Company operates through segments, including Fully stabilized (same store) communities, Newly stabilized communities, Lease-up communities, Acquired communities and Held for sale and sold communities. As of December 31, 2014, the Company had interests in 22,994 apartment units in 58 communities, including 1,471 apartment units in four communities held in unconsolidated entities and 1,705 apartment units in five communities under development or in lease-up. The major operating divisions of the Company include Post Apartment Management, Post Construction and Property Services, Post Investment Group and Post Corporate Services.

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