Empire State Realty Trust (ESRT) : During the past 4 weeks, traders have been relatively bearish on Empire State Realty Trust (ESRT), hence the stock is down -3.56% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.12% relative to the S&P 500. The 4-week change in the price of the stock is -4.08% and the stock has fallen -2.96% in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.52% and the 50-Day Moving Average is 0.23%.The 200 Day SMA reached 13.5%
Empire State Realty Trust (NYSE:ESRT): The stock opened in the green at $21.38 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $21.59 and a low of $20.92 for the day. The stock did not find buyers even at the lows and closed at $20.95 recording a loss of -1.64%. 1,123,762 shares exchanged hands during the trading day. The stock had closed at $20.95 in the previous days trading.
Empire State Realty Trust (ESRT) : Currently there are 4 street experts covering Empire State Realty Trust (ESRT) stock. The most bullish and bearish price target for the stock is $24 and $22 respectively for the short term. The average price target of all the analysts comes to $23.25. The estimated standard deviation from the target is $0.96.
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.