On a relative basis, the stock has outperformed the S&P 500 by 6.03% 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 1.14% in the last 1 week, and is up 7.74% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 61.12% from its 1 Year high price. On Jul 6, 2016, the shares registered one year high at $113.21 and the one year low was seen on Sep 11, 2015. The 50-Day Moving Average price is $101.95 and the 200 Day Moving Average price is recorded at $88.33.
The stock has recorded a 20-day Moving Average of 5.15% and the 50-Day Moving Average is 12.6%.
Digital Realty Trust (NYSE:DLR): stock turned positive on Friday. Though the stock opened at $109.61, the bulls momentum made the stock top out at $110.745 level for the day. The stock recorded a low of $109.42 and closed the trading day at $110.24, in the green by 1.10%. The total traded volume for the day was 1,358,960. The stock had closed at $109.04 in the previous days trading.
In an insider trading activity,The officer (Managing Director, EMEA & APAC) of Digital Realty Trust, Inc., Geoghegan Bernard sold 586 shares at $90.7 on May 4, 2016. The Insider selling transaction had a total value worth of $53,150. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Digital Realty Trust, Inc. is a real estate investment trust (REIT) that owns, acquires, develops and manages technology-related real estate. The Companys services include implementation services, remote hands services, data center infrastructure management (DCIM), client services and digital realty partner network. The Company is a sole general partner of Digital Realty Trust, L.P. As of December 31, 2014, Digital Realty Trust, Inc. owned 97.8% common general partnership interest in Digital Realty Trust, L.P. The remaining 2.2% common limited partnership interests are owned by non-affiliated investors and certain directors and officers of Digital Realty Trust, Inc. The Company focuses on strategically located properties containing applications and operations critical to the day-to-day operations of technology industry tenants and corporate enterprise datacenter users, including the information technology (IT) departments of Fortune 100 and financial services companies.