Brixmor Property Group (BRX) stock had a bullish inflow of $3.95 million worth of trades on uptick and an outflow of $2.34 million in downticks on Thursday. The total uptick to downtick ratio stood at 1.69. The net money flow into the stock was $1.62 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $1.85 million. $1.85 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Brixmor Property Group (BRX) stock traded down $0.39 , and reached $26.54, a drop of -1.45% over the previous day. On a weekly basis, the stock is 0.23%, over the previous weeks close.
Brixmor Property Group (BRX) : Average target price received by Brixmor Property Group (BRX) is $26.25 with an expected standard deviation of $1.6. The most aggressive target on the stock is $28, whereas the most downbeat target is $23. 9 financial analysts are currently covering the stock. The stock has recorded a 20-day Moving Average of 2.83% and the 50-Day Moving Average is 4.3%.
Brixmor Property Group (NYSE:BRX): The stock opened at $27.04 on Thursday but the bulls could not build on the opening and the stock topped out at $27.04 for the day. The stock traded down to $26.44 during the day, due to lack of any buying support eventually closed down at $26.67 with a loss of -0.97% for the day. The stock had closed at $26.93 on the previous day. The total traded volume was 3,065,844 shares.
Brixmor Property Group Inc. (BPG) is an internally managed real estate investment trust (REIT). Brixmor Operating Partnership LP and subsidiaries (collectively, the Operating Partnership) is the entity through which BPG conducts its operations and owns its assets. BPG owns 100% of the common stock of BPG Subsidiary Inc. (BPG Sub), which is the sole member of Brixmor OP GP LLC (the General Partner), the sole general partner of the Operating Partnership. The Companys principal business is the ownership and operation of community and neighborhood shopping centers. The Companys portfolio consists of 521 shopping centers totaling approximately 87 million square feet of gross leasable area. 520 of these shopping centers are 100% owned by the Company. The Companys community and neighborhood shopping centers provide a mix of retailers and are primarily located in the 50 Metropolitan Statistical Areas.