Lexington Realty Trusts in-depth stock price analysis indicates that the stock price has rallied 9.6% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 6.07% . Looking at the past 52 week period, the stock price is up at 65.04% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Lexington Realty Trust has a positive value of 25.58 compared to overall market. Lexington Realty Trust (NYSE:LXP) has climbed 3.04% in the past week and advanced 3.52% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.21% and the outperformance has advanced to 1.66% for the last 4 weeks period.
Lexington Realty Trust (NYSE:LXP) : On Friday heightened volatility was witnessed in Lexington Realty Trust (NYSE:LXP) which led to swings in the share price. The stock opened for trading at $11.03 and hit $11.2 on the upside , eventually ending the session at $11.19, with a gain of 1.63% or 0.18 points. The heightened volatility saw the trading volume jump to 1,222,783 shares. The 52-week high of the share price is $11.2 and the company has a market cap of $2,653 million. The 52-week low of the share price is at $6.52 .
Lexington Realty Trust Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.28 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.26. The company had revenue of $106.33 million for the quarter, compared to analysts expectations of $101.51 million. The companys revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.27 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Lexington Realty Trust was Downgraded by Barclays on Jan 23, 2017 to Underweight, Lowers Price Target to $ 10 from a previous price target of $11 .
Company has reported several Insider transactions to the SEC, on Dec 15, 2016, Joseph Bonventre (EVP, Gen Counsel & Secretary) sold 5,000 shares at 10.50 per share price.On Aug 24, 2016, T Wilson Eglin (CEO and President) sold 25,000 shares at 10.70 per share price.On Aug 24, 2016, E Robert Roskind (Chairman) sold 50,000 shares at 10.65 per share price.
LEXINGTON CORP PROPERTIES INC is a real estate investment trust engaged in the ownership, operation, management of a diverse portfolio of real properties.