Washington Real Estate Investment Trust (WRE) : During the past 4 weeks, traders have been relatively bearish on Washington Real Estate Investment Trust (WRE), hence the stock is down -4.46% 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 -1.46% relative to the S&P 500. The 4-week change in the price of the stock is -4.98% and the stock has fallen -1.3% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.38% and the 50-Day Moving Average is 3.67%.The 200 Day SMA reached 8%
Washington Real Estate Investment Trust (NYSE:WRE): The stock opened in the green at $31.6 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $31.7 and a low of $31.07 for the day. The stock did not find buyers even at the lows and closed at $31.12 recording a loss of -0.73%. 739,099 shares exchanged hands during the trading day. The stock had closed at $31.12 in the previous days trading.
Washington Real Estate Investment Trust (WRE) has been rated by 4 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $37 and the lowest price target forecast is $32. The average forecast of all the analysts is $35 and the expected standard deviation is $2.16.
Washington Real Estate Investment Trust (WRIT) is a self-administered, self-managed, equity real estate investment trust (REIT). The Companys three segments include office, retail, and multifamily. WRITs business consists of the ownership and operation of income-producing real property in the greater Washington metro region. It owns a diversified portfolio of office buildings, medical office buildings, multifamily buildings and retail centers. Retail shopping centers are grocery store anchored neighborhood centers that include other small shop tenants or regional power centers with junior box tenants. Multifamily properties provide rental housing for individuals and families throughout the Washington metro region. As of December 31, 2014, the Company owned a diversified portfolio of 56 properties, totaling approximately 7.4 million square feet of commercial space and 3,053 residential units, and land held for development.