Dupont Fabros Technology (DFT) Shares are Up 1.74%

Dupont Fabros Technology (DFT) has been under a strong bear grip, hence the stock is down -3.99% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.12% 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 1.74% in the last 1 week, and is up 2.49% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Dupont Fabros Technology (NYSE:DFT): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $46.23 and $46.12 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $47.97. The buying momentum continued till the end and the stock did not give up its gains. It closed at $47.30, notching a gain of 2.16% for the day. The total traded volume was 1,488,987 . The stock had closed at $46.30 on the previous day.


The stock has recorded a 20-day Moving Average of 0.51% and the 50-Day Moving Average is 5.35%. DuPont Fabros Technology, Inc. is up 18.9% in the last 3-month period. Year-to-Date the stock performance stands at 52.06%.

DuPont Fabros Technology, Inc. is an owner, developer, operator and manager of enterprise-class, carrier-neutral, large multi-tenant wholesale data centers. The Companys facilities are designed to offer specialized, efficient and safe computing environments in a low-cost operating model. The Companys customers outsource their mission-critical applications and include national and international enterprises across numerous industries, such as technology, Internet content providers, media, communications, cloud-based, healthcare and financial services. The Companys 12 data centers are located in four major United States markets, which total approximately three million gross square feet and approximately 266 megawatts of available critical load to power the servers and computing equipment of its customers.

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