STORE Capital Corporation (NYSE:STOR) : Traders are bullish on STORE Capital Corporation (NYSE:STOR) as it has outperformed the S&P 500 by a wide margin of 9.4% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.05%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.33% in the last 1 week, and is up 11.17% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 43.35% from its 1 Year high price. On Jul 6, 2016, the shares registered one year high at $29.84 and the one year low was seen on Sep 1, 2015. The 50-Day Moving Average price is $27.06 and the 200 Day Moving Average price is recorded at $25.47.
The stock has recorded a 20-day Moving Average of 7.39% and the 50-Day Moving Average is 12.14%.
STORE Capital Corporation (NYSE:STOR): stock turned positive on Friday. Though the stock opened at $29.53, the bulls momentum made the stock top out at $29.83 level for the day. The stock recorded a low of $29.32 and closed the trading day at $29.66, in the green by 0.75%. The total traded volume for the day was 1,352,435. The stock had closed at $29.44 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 of Store Capital Corp, Donovan Joseph M, had purchased 10,000 shares in a transaction dated on August 25, 2015. The transaction was executed at $20.35 per share with total amount equaling $203,500.
Store Capital Corporation is an internally managed net-lease real estate investment trust (REIT). The Company is engaged in the acquisition, investment and management of single tenant operational real estate (STORE properties). As of December 31, 2014, the Company owns a portfolio consisting of investments in 947 property locations operated by 226 customers across 46 states. Its customers operate across a variety of industries within the service, retail and industrial sectors of the United States economy, with restaurants, early childhood education centers, health clubs, movie theaters and sporting goods stores representing the industries in its portfolio. The Company offers real estate financing solutions principally to middle market and businesses that own STORE Properties and operate within the broad-based service, retail and industrial sectors of the United States economy.