Empire State Realty Trust (ESRT) Shares are Down -0.1%

Empire State Realty Trust (ESRT) has risen sharply, recording gains of 1.42% in the past 4 weeks. However, the stock has corrected -0.1% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.04% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

Empire State Realty Trust, Inc. is up 9.97% in the last 3-month period. Year-to-Date the stock performance stands at 15.54%. The stock has recorded a 20-day Moving Average of 0.32% and the 50-Day Moving Average is 4.18%.


Empire State Realty Trust (NYSE:ESRT): The stock opened at $20.83 on Friday but the bulls could not build on the opening and the stock topped out at $20.91 for the day. The stock traded down to $20.50 during the day, due to lack of any buying support eventually closed down at $20.66 with a loss of -1.10% for the day. The stock had closed at $20.89 on the previous day. The total traded volume was 825,033 shares.

Empire State Realty Trust, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area. The Company operates in two segments: Real Estate and Observatory. The Companys real estate segment includes all activities related to the ownership, management, operation, acquisition, repositioning and disposition of its real estate assets. Its observatory segment operates the 86th and 102nd floor observatories at the Empire State Building. These two lines of businesses are managed separately and provide different services.

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