Equity Lifestyle Properties (ELS) : Thursdays money flow data in Equity Lifestyle Properties (ELS) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $7.31 million, whereas, $4.42 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.65, in favor of the bulls. The total money flow into the stock was $2.89 million clearly indicating that the smart money has been buying into the stock on weakness.
In comparison, the money flow in block deals was $2 million. The total value of block trades done on upticks was $2 million. Equity Lifestyle Properties (ELS) fell $0.57 and traded at $80.06, down -0.71% for the day, over previous days close. On a weekly basis, the shares are 0.48% over the previous weeks close.
Equity Lifestyle Properties (ELS) : 4 Wall Street analysts covering Equity Lifestyle Properties (ELS) believe that the average level the stock could reach for the short term is $72.5. The maximum price target given is $78 and the minimum target for short term is around $68, hence the standard deviation is calculated at $4.12. The stock has recorded a 20-day Moving Average of 6.5% and the 50-Day Moving Average is 9.18%.
Equity Lifestyle Properties (NYSE:ELS): The stock opened at $80.53 on Thursday but the bulls could not build on the opening and the stock topped out at $80.53 for the day. The stock traded down to $79.43 during the day, due to lack of any buying support eventually closed down at $80.04 with a loss of -0.73% for the day. The stock had closed at $80.63 on the previous day. The total traded volume was 288,385 shares.
Equity LifeStyle Properties, Inc. (ELS) is a real estate investment trust (REIT). The Company is an owner and operator of lifestyle-oriented properties (Properties). The Company leases individual developed areas (Sites) with access to utilities for placement of factory built homes, cottages, cabins or recreational vehicles (RVs). The Company operates in two segments: Property Operations and Home Sales and Rental Operations. The Property Operations owns and operates land lease Properties and the Home Sales and Rental Operations purchases, sells and leases homes at the Properties. The Company has partnership with MHC Operating Limited. As of December 31, 2014, the Company owned an ownership interest in a portfolio of 384 Properties located throughout the United States and Canada containing 143,113 residential Sites.