First Industrial Realty Trust (FR) : During the past 4 weeks, traders have been relatively bearish on First Industrial Realty Trust (FR), hence the stock is down -2.57% 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 -1.77% relative to the S&P 500. The 4-week change in the price of the stock is -3.09% and the stock has fallen -1.6% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.31% and the 50-Day Moving Average is 0.75%.The 200 Day SMA reached 16.42%
First Industrial Realty Trust (NYSE:FR): The stock opened in the green at $28.41 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $28.66 and a low of $28.12 for the day. The stock did not find buyers even at the lows and closed at $28.22 recording a loss of -0.39%. 1,529,335 shares exchanged hands during the trading day. The stock had closed at $28.22 in the previous days trading.
First Industrial Realty Trust (FR) : The consensus price target for First Industrial Realty Trust (FR) is $30.4 for the short term with a standard deviation of $2.07. The most optimist securities analyst among the 5 who monitor the stock believes that the stock can reach $32, however, the pessimist price target for the company is $27.
First Industrial Realty Trust, Inc. is a real estate investment trust (REIT). The Trust is a self-administered real estate company, which owns, manages, acquires, sells, develops and redevelops industrial real estate. The Trust owns approximately 634 in-service industrial properties containing approximately 62.4 million square feet of gross leasable area (GLA). Its in-service portfolio consisted of approximately 285 light industrial properties, 90 R&D/flex properties, 160 bulk warehouse properties and 99 regional warehouse properties located in 25 states. Its in-service portfolio includes all properties other than developed, redeveloped and acquired properties that have not yet reached stabilized occupancy. The Trusts interests in its properties and land parcels are held through partnerships, corporations, and limited liability companies controlled, directly or indirectly, by the Trust, including the Operating Partnership, and through its REIT subsidiaries.