On a relative basis, the stock has outperformed the S&P 500 by 0.78% in the past 4 weeks, but has underperformed the S&P 500 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 0.36% in the last 1 week, and is up 2.4% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 20.28% from its 1 Year high price. On Jul 1, 2016, the shares registered one year high at $16.86 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $15.98 and the 200 Day Moving Average price is recorded at $14.12.
The stock has recorded a 20-day Moving Average of 3.48% and the 50-Day Moving Average is 6.63%.
Brandywine Realty Trust (NYSE:BDN): stock turned positive on Friday. Though the stock opened at $16.45, the bulls momentum made the stock top out at $16.66 level for the day. The stock recorded a low of $16.37 and closed the trading day at $16.61, in the green by 2.03%. The total traded volume for the day was 1,441,445. The stock had closed at $16.28 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the Director Officer (President And Ceo) of BRANDYWINE REALTY TRUST, Sweeney Gerard H had sold 60,000 shares worth of $944,400 in a transaction dated June 27, 2016. In this transaction, 60,000 shares were sold at $15.74 per share.
Brandywine Realty Trust is a self-administered and self-managed real estate investment trust (REIT). The Trust provides leasing, property management, development, redevelopment, acquisition and other tenant-related services for a portfolio of office, industrial, retail and mixed-use properties. The Trust owns its assets and conducts its operations through the Brandywine Operating Partnership, L.P. (Operating Partnership) and subsidiaries of the Operating Partnership. The Trust is the sole general partner of the Operating Partnership. The Trusts portfolio is managed through seven segments: Pennsylvania; Philadelphia Central Business District (CBD); Metropolitan Washington, D.C.; New Jersey/Delaware; Richmond, Virginia; Austin, Texas, and California. The Pennsylvania segment includes properties in Chester, Delaware and Montgomery counties in the Philadelphia suburbs. The Philadelphia CBD segment includes properties located in the City of Philadelphia in Pennsylvania.