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PPS Crosses Below Key Moving Average Level

By Market News Video Staff, Thursday, November 17, 3:55 PM ET
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In trading on Thursday, shares of Post Properties, Inc. (NYSE:PPS) crossed below their 200 day moving average of $39.50, changing hands as low as $39.13 per share. Post Properties, Inc. shares are currently trading off about 2.9% on the day. The chart below shows the one year performance of PPS shares, versus its 200 day moving average:

Post Properties, Inc. 200 Day Moving Average Chart

Looking at the chart above, PPS's low point in its 52 week range is $31.43 per share, with $44.37 as the 52 week high point — that compares with a last trade of $39.35.

According to the ETF Finder at ETF Channel, PPS makes up 2.32% of the S&P SmallCap Financials Portfolio ETF (NASDAQ:PSCF) which is trading lower by about 0.5% on the day Thursday.

     See what other ETFs contain PPS »
     See what other stocks are held by PSCF »

PPS operates in the REITs sector, among companies like UDR Inc (NYSE:UDR) which is off about 2.9% today, and Essex Property Trust, Inc. (NYSE:ESS) trading lower by about 2.8%. Below is a three month price history chart comparing the stock performance of PPS, versus UDR and ESS.

PPS,UDR,ESS Relative Performance Chart


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