Equity Commonwealth (EQC) : During the past 4 weeks, traders have been relatively bearish on Equity Commonwealth (EQC), hence the stock is down -4.06% 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 -2.9% relative to the S&P 500. The 4-week change in the price of the stock is -4.58% and the stock has fallen -2.74% in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.12% and the 50-Day Moving Average is 0.51%.The 200 Day SMA reached 6.04%
Equity Commonwealth (NYSE:EQC): The stock opened in the green at $31.35 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $31.36 and a low of $30.2 for the day. The stock did not find buyers even at the lows and closed at $30.22 recording a loss of -0.76%. 1,230,386 shares exchanged hands during the trading day. The stock had closed at $30.22 in the previous days trading.
Equity Commonwealth (EQC) is an internally managed and self-advised real estate investment trust (REIT). The Company is engaged in the ownership and operation primarily of office buildings in central business district (CBD) and suburban locations throughout the United States. The Companys two reportable segments include CBD properties and suburban properties. Its portfolio consists of 156 properties (262 buildings) with a combined 42.9 million square feet. The Companys portfolio comprises 40 properties (53 buildings) with a combined 21.9 million square feet located in CBD locations and 116 properties (209 buildings) with a combined 21.0 million square feet located in suburban locations. Eleven of its properties (11 buildings) with a combined 1.8 million square feet are located in Australia. The Companys properties are leased to approximately 1,800 tenants. Its principal source of funds for its operations is rents from tenants at its properties.