On a relative basis, the stock has outperformed the S&P 500 by 7% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.39% in the last 1 week, and is up 8.72% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 51.45% from its 1 Year high price. On Jul 6, 2016, the shares registered one year high at $71.92 and the one year low was seen on Sep 4, 2015. The 50-Day Moving Average price is $64.38 and the 200 Day Moving Average price is recorded at $60.04.
The stock has recorded a 20-day Moving Average of 5.54% and the 50-Day Moving Average is 10.65%.
Realty Income Corporation (NYSE:O): stock turned positive on Friday. Though the stock opened at $69.39, the bulls momentum made the stock top out at $69.96 level for the day. The stock recorded a low of $68.25 and closed the trading day at $69.91, in the green by 1.11%. The total traded volume for the day was 1,957,776. The stock had closed at $69.14 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Fox Benjamin N, Officer (Svp, Asset & Port. Mgmt.) of REALTY INCOME CORP, had unloaded 2,174 shares at an average price of $65.79 in a transaction dated on June 24, 2016. The total value of the transaction was worth $143,027.
Realty Income Corporation is a real estate company. As of December 31, 2014, the Company owned 4,327 properties, with approximately 4,257 properties leased and 70 properties available for lease. The Company leased to approximately 234 different commercial tenants doing business in 47 separate industries. The properties are located in 49 states and Puerto Rico with over 70 million square feet of leasable space and with an average leasable space per property of approximately 16,350 square feet, including approximately 11,290 square feet per retail property and approximately 196,800 square feet per industrial and distribution property. The Company has approximately 4,308 single-tenant properties and 19 multi-tenant properties. The Company has grouped its tenants into 48 activity segments.