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Government Properties Income Trust Breaks Above 200-Day Moving Average - Bullish for GOV

By Market News Video Staff, Monday, June 27, 5:09 PM ET
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In trading on Monday, shares of Government Properties Income Trust (NYSE:GOV) crossed above their 200 day moving average of $26.41, changing hands as high as $26.55 per share. Government Properties Income Trust shares are currently trading up about 1.4% on the day. The chart below shows the one year performance of GOV shares, versus its 200 day moving average:

Government Properties Income Trust 200 Day Moving Average Chart

Looking at the chart above, GOV's low point in its 52 week range is $24.27 per share, with $28.53 as the 52 week high point — that compares with a last trade of $26.44.

According to the ETF Finder at ETF Channel, GOV makes up 1.25% of the iShares FTSE NAREIT Industrial/Office Capped Index Fund ETF (AMEX:FNIO) which is trading higher by about 0.2% on the day Monday.

     See what other ETFs contain GOV »
     See what other stocks are held by FNIO »

GOV operates in the REITs sector, among companies like Highwoods Properties, Inc. (NYSE:HIW) which is up about 0.4% today, and Highwoods Properties, Inc. (HIWP). Below is a three month price history chart comparing the stock performance of GOV, versus HIW.

GOV,HIW Relative Performance Chart


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This Article's Word Cloud:   Capped   Channel   Definition   ETFs   FNIO   Fund   Government   HIWP   Highwoods   Income   Monday   NYSE   Properties   Start   Trust   What   about   above   anywhere   asset   average   chart   classes   countries   crossed   designed   everywhere   flexibility   follow   high   iShares   moving   other   performance   point   portfolio   regions   share   shares   short   stock   stocks   their   today   trading   versus   week   what   which   with
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