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Glimcher Realty Trust Breaks Below 200-Day Moving Average - Bearish for GRT

By Market News Video Staff, Friday, August 5, 11:14 AM ET
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In trading on Friday, shares of Glimcher Realty Trust (NYSE:GRT) crossed below their 200 day moving average of $8.94, changing hands as low as $8.61 per share. Glimcher Realty Trust shares are currently trading off about 2.1% on the day. The chart below shows the one year performance of GRT shares, versus its 200 day moving average:

Glimcher Realty Trust 200 Day Moving Average Chart

Looking at the chart above, GRT's low point in its 52 week range is $5.70 per share, with $10.42 as the 52 week high point — that compares with a last trade of $8.77.

According to the ETF Finder at ETF Channel, GRT makes up 1.48% of the iShares FTSE NAREIT Retail Capped Index Fund ETF (AMEX:RTL) which is trading lower by about 1.5% on the day Friday.

     See what other ETFs contain GRT »
     See what other stocks are held by RTL »

GRT operates in the REITs sector, among companies like National Retail Properties Inc (NYSE:NNN) which is down about 1.1% today, and Howard Hughes Corp (NYSE:HHC) trading lower by about 3.4%. Below is a three month price history chart comparing the stock performance of GRT, versus NNN and HHC.

GRT,NNN,HHC Relative Performance Chart


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This Article's Word Cloud:   According   Average   Below   Channel   ETFs   Friday   Glimcher   Investment   Moving   NAREIT   NYSE   National   Portfolio   Realty   Retail   Trust   about   allows   among   asset   average   below   chart   companies   completely   currently   designed   growth   hands   history   lower   moving   operates   other   performance   point   portfolio   price   range   share   shares   short   stocks   terms   trading   versus   week   what   which   with
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