American Homes 4 Rent (AMH) : During the past 4 weeks, traders have been relatively bearish on American Homes 4 Rent (AMH), hence the stock is down -3.13% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.52% relative to the S&P 500. The 4-week change in the price of the stock is -5.09% and the stock has fallen -2% in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.78% and the 50-Day Moving Average is 2.8%.The 200 Day SMA reached 20.07% American Homes 4 Rent is up 15.02% in the last 3-month period. Year-to-Date the stock performance stands at 27.53%.
American Homes 4 Rent (AMH) : 5 Wall Street analysts covering American Homes 4 Rent (AMH) believe that the average level the stock could reach for the short term is $24.2. The maximum price target given is $26 and the minimum target for short term is around $22, hence the standard deviation is calculated at $1.79.
For the current week, the company shares have a recommendation consensus of Buy. American Homes 4 Rent (NYSE:AMH): stock was range-bound between the intraday low of $20.92 and the intraday high of $21.14 after having opened at $21 on Fridays session. The stock finally closed in the red at $21, a loss of -0.14%. The stock remained in the red for the whole trading day. The total traded volume was 4,042,545 shares. The stock failed to cross $21.14 in Fridays trading. The stocks closing price on Thursday was $21.07.
American Homes 4 Rent is an internally managed real estate investment trust (REIT). The Company focuses on acquiring, renovating, leasing and operating single-family homes as rental properties. The Company has an integrated operating platform that consists of personnel engaged in property management, acquisitions, construction, marketing, leasing, financial and administrative functions. As of December 31, 2014, the Companys entire portfolio of single-family properties was internally managed through its property management platform. The Companys single-family properties include Dallas-Fort Worth, Texas; Indianapolis, Indiana; Atlanta, Georgia; Charlotte, North Carolina; Greater Chicago area, Illinois and Indiana; Cincinnati, Ohio; Houston, Texas; Tampa, Florida; Phoenix, Arizona, and Jacksonville, Florida, among others.