Early Morning Technical Review on Diversified REITs’ Stocks

LONDON, UK / ACCESSWIRE / June 1, 2016 / ActiveWallSt.com announces the list of stocks featured in the Technical Morning Blog. Every morning the Active Wall St. team discusses the latest news and technical events impacting stocks and the financial markets. Companies recently featured in the blog include Annaly Capital Management, VEREIT, Spirit Realty Capital, and Gramercy Property Trust.

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Let us take a brief technical look at how each of the companies mentioned above have performed over the last few trading sessions.

Annaly Capital Management Inc. (NYSE: NLY)

New York-based Annaly Capital Management Inc., which owns a portfolio of real estate related investments in the U.S., saw its stock finished Tuesday’s trading session at $10.58, which was a slight correction of 0.28%. A total volume of 11.40 million shares was traded, which was above their three months average volume of 8.74 million shares. Over the last month and the previous three months, the Company’s shares have advanced 1.54% and 7.75%, respectively. Additionally, the stock has gained 16.14% since the start of this year. Shares of the Company are trading above their 50-day and 200-day moving averages by 0.82% and 10.14%, respectively. Moreover, shares of Annaly Capital Management have a Relative Strength Index (RSI) of 44.72.

VEREIT Inc. (NYSE: VER)

Shares in Arizona-based real estate investment trust, VEREIT Inc., ended yesterday’s session 0.74% higher at $9.59. A total volume of 10.57 million shares was traded, which was higher than their three months average volume of 6.70 million shares. The stock has gained 8.00% in the past month, 15.26% in the previous three months, and 21.09% on an YTD basis. The Company’s shares are trading 5.13% above their 50-day moving average and 15.26% above their 200-day moving average. Moreover, VEREIT’s stock has an RSI of 59.48.

Spirit Realty Capital Inc. (NYSE: SRC)

On Tuesday, U.S. based real estate investment trust, Spirit Realty Capital Inc.’s stock climbed 0.35%, to close the day at $11.45. A total volume of 4.73 million shares was traded. The Company’s shares have advanced 0.17% in the last one month, 9.34% in the previous three months, and 16.11% since the start of this year. The stock is trading 0.48% above its 50-day moving average and 13.35% above its 200-day moving average. Additionally, shares of Spirit Realty Capital have an RSI of 48.20. On May 10th, 2016, research firm Wunderlich reiterated its ‘Buy’ rating with an increase of the target price to $14 a share from $12.50 a share for the Company’s stock.

Gramercy Property Trust Inc. (NYSE: GPT)

Shares in New York-based industrial and office real estate investment trust, Gramercy Property Trust Inc., ended the day 1.02% higher at $8.93 with a total volume of 2.27 million shares traded. The stock has gained 5.43% in the last one month, 18.30% in the previous three months, and 17.23% on an YTD basis. The Company’s shares are trading above their 50-day and 200-day moving averages by 4.25% and 20.22%, respectively. Furthermore, Gramercy Property Trust’s stock has an RSI of 56.87. On May 05th, 2016, research firm Stifel reiterated its ‘Buy’ rating with an increase of the target price to $9.25 a share from $9 a share for the Company’s stock. Free technical alert on GPT is available for free at:

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