Large Inflow of Money Witnessed in SL Green Realty Corporation

SL Green Realty Corporation (SLG): $0.63 million was the positive money flow into the stock on Thursday and the up/down ratio of ticks was also in favor of the bulls at 1.2. The value of trades done on upticks was $3.84 million, whereas, trades done on downticks were valued at $3.2 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $2.56 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $2.56 million. SL Green Realty Corporation (SLG) fell $1.4 traded at $101.92, a change of -1.36% over the previous day. The stock is -2.17% for the week.


SL Green Realty Corporation (SLG) : The highest short term price target forecast on SL Green Realty Corporation (SLG) is $131 and the lowest target price is $107. A total of 12 equity analysts are currently covering the company. The average price of all the analysts is $121.17 with a standard deviation of $7.87. The stock has recorded a 20-day Moving Average of 1.38% and the 50-Day Moving Average is 0.88%.

SL Green Realty Corporation (NYSE:SLG): The stock opened at $103.11 on Thursday but the bulls could not build on the opening and the stock topped out at $103.11 for the day. The stock traded down to $101.36 during the day, due to lack of any buying support eventually closed down at $102.56 with a loss of -0.74% for the day. The stock had closed at $103.32 on the previous day. The total traded volume was 402,597 shares.

SL Green Realty Corp. is a self-managed real estate investment trust, or REIT, with in-house capabilities in property management, acquisitions and dispositions, financing, development and redevelopment, construction and leasing. It operates two segments: real estate and debt and preferred equity investments. The Company owns interests in commercial office properties in the New York Metropolitan area, primarily in midtown Manhattan. The Company also manages an approximately 336,201 square foot office building owned by a third party and held debt and preferred equity investments with a book value of approximately $1.4 billion. The Company also invests in well-collateralized debt and preferred equity investments.

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