Colony Capital Inc (NYSE:CLNY) has been under a strong bear grip, hence the stock is down -13.15% 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 1.94% in the past 1 week. The stock has risen by 3.24% in the past week indicating that the buyers are active at lower levels, but the stock is down -11.75% in the past 4 weeks.
The company shares have dropped -31.08% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $23.54 and the one year low was seen on Jul 6, 2016. The 50-Day Moving Average price is $17.00 and the 200 Day Moving Average price is recorded at $17.18.
The stock has recorded a 20-day Moving Average of 1.69% and the 50-Day Moving Average is 6.06%.
Colony Capital Inc (NYSE:CLNY): stock turned positive on Friday. Though the stock opened at $15.29, the bulls momentum made the stock top out at $15.93 level for the day. The stock recorded a low of $15.29 and closed the trading day at $15.92, in the green by 4.81%. The total traded volume for the day was 1,532,403. The stock had closed at $15.19 in the previous days trading.
In an insider trading activity, Saltzman Richard B, CEO of Colony Capital, Inc. had purchased 75,000 shares on March 7, 2016 in a transaction. The price per share was $16.5 and the total amount of the disclosed transaction was $1,237,500.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.
Colony Capital, Inc., formerly Colony Financial, Inc., is a diversified commercial real estate and investment management company that owns a portfolio of real estate equity and debt investments at risk-adjusted returns. The Company operates in four segments: real estate debt investments, which include originated and acquired commercial real estate debt, mortgage-backed securities, and other debt-related investments; a portfolio of light industrial real estate assets and associated operating platform acquired from Cobalt Capital Partners, L.P. and its affiliates; single-family residential rentals through its investment in CAH OP, and other real estate equity investments, which include real estate acquired in settlement of loans or from acquisition of operating properties, common equity in real estate or related companies, and certain preferred equity investments with profit participation meeting certain risk or return profiles.