Large Inflow of Money Witnessed in DDR

DDR (DDR) : Thursdays money flow indicated an uptick to downtick ratio was at 2.35. The total value of inflow transactions on upticks was $0.48 million, whereas, the total value of outflow trades on downticks was $0.21 million. The total money flow was $0.28 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $0.43 million. The total value of the trades done on upticks was $0.43 million. DDR (DDR) was trading with a -0.97% change over previous days close. It fell $0.18 during the day and reached $18.46. The stock was 0.27% compared to the previous weeks close.


DDR (DDR) : The highest short term price target forecast on DDR (DDR) is $19 and the lowest target price is $17. A total of 11 equity analysts are currently covering the company. The average price of all the analysts is $18.23 with a standard deviation of $0.88. The stock has recorded a 20-day Moving Average of 3.28% and the 50-Day Moving Average is 3.9%.

DDR (NYSE:DDR): The stock opened at $18.58 on Thursday but the bulls could not build on the opening and the stock topped out at $18.58 for the day. The stock traded down to $18.26 during the day, due to lack of any buying support eventually closed down at $18.28 with a loss of -1.93% for the day. The stock had closed at $18.64 on the previous day. The total traded volume was 3,594,875 shares.

DDR Corp. (DDR) is a self-administered and self-managed real estate investment trust (REIT). The Company is in the business of acquiring, owning, developing, redeveloping, expanding, leasing and managing shopping centers. In addition, the Company engages in the origination and acquisition of loans and debt securities, which are generally collateralized directly or indirectly by shopping centers. The Company owns and manages approximately 415 shopping centers representing 118 million square feet in 41 states and Puerto Rico. DDR has completed 53 redevelopment projects. Its properties include Eastland Center in California, Easton Market in Ohio and The Maxwell in Illinois.

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