On a relative basis, the stock has outperformed the S&P 500 by 8.18% 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 0.57% in the last 1 week, and is up 9.93% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 12.33% from its 1 Year high price. On Apr 4, 2016, the shares registered one year high at $38.61 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $35.31 and the 200 Day Moving Average price is recorded at $35.92.
The stock has recorded a 20-day Moving Average of 5.66% and the 50-Day Moving Average is 5.15%.
United Dominion Realty Trust (NYSE:UDR): stock turned positive on Friday. Though the stock opened at $36.94, the bulls momentum made the stock top out at $37.22 level for the day. The stock recorded a low of $36.76 and closed the trading day at $37.09, in the green by 1.31%. The total traded volume for the day was 1,580,888. The stock had closed at $36.61 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Udr, Inc., Klingbeil James D had purchased shares worth of $1,010 in a transaction dated on June 10, 2016. A total of 030 shares were purchased at a price of $33.68 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
UDR, Inc. is a self-administered real estate investment trust (REIT). The Company owns, operates, acquires, renovates, develops, redevelops and manages multifamily apartment communities located in high barrier-to-entry markets throughout the United States. The Company operates through two segments: Same-Store Communities and Non-Mature Communities/Other. The Companys Same-Store Communities segment includes the communities that were acquired, developed and stabilized prior to January 1, 2013, and held as of December 31, 2014. The Companys Non-Mature Communities/Other segment represents the acquired, developed and redeveloped communities, and the non-apartment components of mixed use properties, which do not meet the criteria to be included in the Same-Store Communities segment. As of December 31, 2014, the Companys consolidated real estate portfolio included 139 communities located in 20 markets, with a total of 39,851 completed apartment homes.