Large Outflow of Money Witnessed in Boston Properties

Boston Properties (BXP) : The total money flow in Boston Properties (BXP) was negative ($15.52 million), which signals selling by the traders on Wednesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $33.05 million. In comparison, the inflow of money into the stock on upticks was $17.54 million. The uptick to downtick ratio was 0.53. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $12.69 million. The negative money flow of ($12.69 million) confirms the selling in Boston Properties (BXP) on strength. Boston Properties (BXP) gained $0.91 at $138.38, a gain of 0.66% over the previous days close. However, the stock registered -0.93% in the week.


Shares of Boston Properties Inc. appreciated by 0.9% during the last five trading days but lost 1.48% on a 4-week basis. Boston Properties Inc. is up 5.23% in the last 3-month period. Year-to-Date the stock performance stands at 9.63%.

Boston Properties (BXP) : 6 brokerage houses believe that Boston Properties (BXP) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 10 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Boston Properties (BXP). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 17 Wall Street Analysts endorse the stock as a Buy with a rating of 2.24.

Boston Properties (NYSE:BXP): The stock opened at $137.68 and touched an intraday high of $138.7 on Wednesday. During the day, the stock corrected to an intraday low of $137.38, however, the bulls stepped in and pushed the price higher to close in the green at $138.38 with a gain of 0.66% for the day. The total traded volume for the day was 698,153. The stock had closed at $138.12 in the previous trading session.

Boston Properties, Inc. is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company is engaged in owning and developing office properties in the United States. The Companys properties are concentrated in four markets: Boston, New York, San Francisco and Washington, DC. The Company conducts all of its business through its subsidiary, Boston Properties Limited Partnership. The Company considers office/technical properties to be properties that support office, research and development, laboratory and other technical uses. The Company is also engaged in providing resources in acquisitions, development, financing, capital markets, construction management, property management, marketing, leasing, accounting, risk management, tax and legal services.

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