Kilroy Realty Corporation (KRC) Shares are Up 0.69%

Kilroy Realty Corporation (KRC) : Traders are bullish on Kilroy Realty Corporation (KRC) as it has outperformed the S&P 500 by a margin of 2.05% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.07%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.69% in the last 1 week, and is up 8.95% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Kilroy Realty Corporation (NYSE:KRC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $69.03 and $69.03 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $70.64. The buying momentum continued till the end and the stock did not give up its gains. It closed at $70.15, notching a gain of 1.34% for the day. The total traded volume was 938,283 . The stock had closed at $69.22 on the previous day.


The stock has recorded a 20-day Moving Average of 4.17% and the 50-Day Moving Average is 8.95%. Kilroy Realty Corporation is up 9.33% in the last 3-month period. Year-to-Date the stock performance stands at 12.19%.

Kilroy Realty Corporation is a self-administered real estate investment trust (REIT) that focuses on office submarkets in the West Coast. The Company owns, develops, acquires and manages real estate assets consisting of Class A real estate properties in the coastal regions of Los Angeles, Orange County, San Diego County, the San Francisco Bay Area and Seattle. Its stabilized portfolio includes all of its properties with the exception of development and redevelopment properties under construction or committed for construction, lease-up properties, undeveloped land, and real estate assets held for sale. Its stabilized portfolio consists of 111 office properties, which has approximately 14 million rentable square feet. It owns its interests in all of its real estate assets through Kilroy Realty, L.P. (the Operating Partnership) and Kilroy Realty Finance Partnership, L.P. (the Finance Partnership). It conducts substantially all of its operations through the Operating Partnership.

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