Extra Space Storage Inc (EXR) : During the past 4 weeks, traders have been relatively bearish on Extra Space Storage Inc (EXR), hence the stock is down -2.47% 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 -0.93% relative to the S&P 500. The 4-week change in the price of the stock is -2.99% and the stock has fallen -0.76% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.06% and the 50-Day Moving Average is 2.79%.The 200 Day SMA reached 7.53%
Extra Space Storage Inc (NYSE:EXR): The stock opened in the green at $81.45 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $81.75 and a low of $79.4 for the day. The stock did not find buyers even at the lows and closed at $79.41 recording a loss of -1.87%. 1,629,139 shares exchanged hands during the trading day. The stock had closed at $79.41 in the previous days trading.
Extra Space Storage Inc (EXR) : The highest level Extra Space Storage Inc (EXR) is projected to reach is $105 for the short term and the lowest estimate is at $83. The consolidated price target from 11 rating analysts who initiate coverage on the stock is $92.64 and the possibility the share price can swing is $6.59.
Extra Space Storage Inc. is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company owns, operates, manages, acquires, develops and redevelops professionally managed self-storage properties (stores). The Company operates through three segments: rental operations; tenant reinsurance, and property management, acquisition and development. The Companys rental operations activities include rental operations of self-storage stores. Tenant reinsurance activities include the reinsurance of risks relating to the loss of goods stored by tenants in the Companys self-storage facilities. The Companys property management acquisition and development activities include managing acquiring developing and selling self-storage stores. As of December 31, 2014, it held ownership interests in 828 operating stores. Of these operating stores, 557 are wholly owned and 271 are owned in joint venture partnerships.