CBL & Associates Properties (CBL) : During the past 4 weeks, traders have been relatively bearish on CBL & Associates Properties (CBL), hence the stock is down -10.58% 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 -4.34% relative to the S&P 500. The 4-week change in the price of the stock is -11.06% and the stock has fallen -4.18% in the past 1 week.
The stock has recorded a 20-day Moving Average of 4.28% and the 50-Day Moving Average is 1.81%.The 200 Day SMA reached 10.94%
CBL & Associates Properties (NYSE:CBL): After opening at $12.13, the stock dipped to an intraday low of $11.905 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $12.28 and the buying power remained strong till the end. The stock closed at $12.14 for the day, a gain of 0.75% for the day session. The total traded volume was 2,330,391. The stocks close on the previous trading day was $12.14.
CBL & Associates Properties (CBL) : The highest short term price target forecast on CBL & Associates Properties (CBL) is $20 and the lowest target price is $9. A total of 10 equity analysts are currently covering the company. The average price of all the analysts is $14.5 with a standard deviation of $3.21.
CBL & Associates Properties, Inc. (CBL) is a self-managed, self-administered, fully integrated real estate investment trust (REIT). The Company owns, develops, acquires, leases, manages, and operates regional shopping malls, open-air centers, outlet centers, associated centers, community centers and office properties. Its properties are located in 27 states, but are primarily in the southeastern and midwestern United States. It is the 100% owner of two qualified REIT subsidiaries, CBL Holdings I, Inc. and CBL Holdings II, Inc. As of December 31, 2014, the Company owned a controlling interest in 72 Malls and non-controlling interests in 9 Malls; a controlling interest in 25 Associated Centers and a non-controlling interest in four Associated Centers; a controlling interest in six Community Centers and a non-controlling interest in five Community Centers, and a controlling interest in eight Office Buildings and a non-controlling interest in five Office Buildings.