Essex Property Trust (ESS) : Mondays money flow data in Essex Property Trust (ESS) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $33.82 million, whereas, $21.25 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.59, in favor of the bulls. The total money flow into the stock was $12.58 million clearly indicating that the smart money has been buying into the stock on weakness.
In comparison, the money flow in block deals was $15.83 million. The total value of block trades done on upticks was $15.83 million. Essex Property Trust (ESS) fell $0.97 and traded at $225.63, down -0.43% for the day, over previous days close. On a weekly basis, the shares are -2.46% over the previous weeks close.
Essex Property Trust Inc. is up 0.38% in the last 3-month period. Year-to-Date the stock performance stands at -4.39%. Essex Property Trust Inc. has dropped 2.46% in the last five trading days, however, the shares have posted positive gains of 4.52% in the last 4 weeks. In a related news,The officer (President and CEO) of Essex Property Trust Inc, Schall Michael J sold 10,000 shares at $225.03 on July 5, 2016. The Insider selling transaction had a total value worth of $2,250,300. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Essex Property Trust (NYSE:ESS): On Mondays trading session , Opening price of the stock was $226.37 with an intraday high of $227.6. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $224.21. However, the stock managed to close at $225.63, a loss of 0.43% for the day. On the previous day, the stock had closed at $226.6. The total traded volume of the day was 483,612 shares.
Essex Property Trust, Inc. (Essex) is a self-administered and self-managed real estate investment trust (REIT). The Company is engaged primarily in the ownership, operation, management, acquisition, development and redevelopment of apartment communities. As of December 31, 2014, the Company owned or held an interest in 239 communities, aggregating 57,455 units, located along the West Coast, as well as four commercial buildings (totaling approximately 325,200 square feet), and 12 active development projects with 2,920 units in various stages of development. The Companys apartment communities are located in Southern California, which include Los Angeles, Orange, Riverside, San Diego, Santa Barbara, and Ventura counties; Northern California, which include the San Francisco Bay Area, and Seattle Metro, which include Seattle metropolitan area.