Large Outflow of Money Witnessed in American Campus Communities Inc

American Campus Communities Inc (ACC) : Wednesdays money flow analysis of American Campus Communities Inc (ACC) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $6.73 million. In comparison, the inflow of money on upticks was a meager $4.89 million. The dollar value of composite uptick trades minus the downtick trades was negative $1.83 million. The uptick to downtick ratio of 0.73 in the money flow shows weakness. The uptick block trades were valued at $0.53 million. The downtick transaction value was high at $3.3 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 0.16. Hence, the net money flow in the stock was negative ($2.77 million). American Campus Communities Inc (ACC) gained $0.18 at $51.47, a change of 0.35% over the previous days close.


Shares of American Campus Communities, Inc. rose by 3.18% in the last five trading days and 2.81% for the last 4 weeks. American Campus Communities, Inc. is up 0.57% in the last 3-month period. Year-to-Date the stock performance stands at 28.28%.

American Campus Communities Inc (ACC) : 8 analysts are covering American Campus Communities Inc (ACC) and their average rating on the stock is 2, which is read as a Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

American Campus Communities Inc (NYSE:ACC): The stock opened at $51.99 and touched an intraday high of $51.99 on Wednesday. During the day, the stock corrected to an intraday low of $51.3, however, the bulls stepped in and pushed the price higher to close in the green at $51.66 with a gain of 0.72% for the day. The total traded volume for the day was 1,070,001. The stock had closed at $51.29 in the previous trading session.

American Campus Communities, Inc. is a real estate investment trust (REIT). The Company holds an approximate 98.8% limited partnership interest in American Campus Communities Operating Partnership L.P. The Company owns, manages and develops student housing properties in the United States in terms of beds owned and under management. It is a self-managed and self-administered equity REIT engaged in the acquisition, design, financing, development, construction management, leasing and management of student housing properties. The Companys total owned and third-party managed portfolio includes approximately 204 properties with 130,700 beds in 44,300 units. Its property portfolio consists of approximately 145 owned off-campus student housing properties. It operates under four segments: Wholly-Owned Properties, On-Campus Participating Properties, Development Services and Property Management Services.

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