STORE Capital Corporation (STOR) : Traders are bullish on STORE Capital Corporation (STOR) as it has outperformed the S&P 500 by a wide margin of 3.1% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.86%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.79% in the last 1 week, and is up 6.56% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 5.06% and the 50-Day Moving Average is 13%. STORE Capital Corporation is up 22.69% in the last 3-month period. Year-to-Date the stock performance stands at 37.2%.
STORE Capital Corporation (NYSE:STOR): stock turned positive on Friday. Though the stock opened at $30.63, the bulls momentum made the stock top out at $31.44 level for the day. The stock recorded a low of $30.63 and closed the trading day at $31.19, in the green by 1.63%. The total traded volume for the day was 1,688,092. The stock had closed at $30.69 in the previous days trading.
Store Capital Corporation is an internally managed net-lease real estate investment trust (REIT). The Company is engaged in the acquisition, investment and management of single tenant operational real estate (STORE properties). As of December 31, 2014, the Company owns a portfolio consisting of investments in 947 property locations operated by 226 customers across 46 states. Its customers operate across a variety of industries within the service, retail and industrial sectors of the United States economy, with restaurants, early childhood education centers, health clubs, movie theaters and sporting goods stores representing the industries in its portfolio. The Company offers real estate financing solutions principally to middle market and businesses that own STORE Properties and operate within the broad-based service, retail and industrial sectors of the United States economy.