Large Outflow of Money Witnessed in Empire State Realty Trust

Empire State Realty Trust (ESRT) : Net money flow in Empire State Realty Trust (ESRT) was negative ($1 million) and the inflow of money on uptick was $0.75 million, whereas, the outflow of money on downticks amounted to $1.75 million on Wednesday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.43. The block trades show that the large investors, were aggressive sellers in the stock. On the other hand, the total value of block trades done on downticks was $1.07 million. The money flow in block trades was negative ($1.07). Empire State Realty Trust (ESRT) gained $0.14 cent during the day and reached $21.48, a gain of 0.66% over the previous day.


Shares of Empire State Realty Trust, Inc. rose by 2.85% in the last five trading days and 2.69% for the last 4 weeks. Empire State Realty Trust, Inc. is up 15.56% in the last 3-month period. Year-to-Date the stock performance stands at 21.76%.

Empire State Realty Trust (ESRT) : The consensus on Empire State Realty Trust (ESRT) based on 5 analyst recommendation on the company stock is 1.4, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Empire State Realty Trust (NYSE:ESRT): The stock opened at $21.45 and touched an intraday high of $21.7 on Wednesday. During the day, the stock corrected to an intraday low of $21.31, however, the bulls stepped in and pushed the price higher to close in the green at $21.66 with a gain of 1.50% for the day. The total traded volume for the day was 1,381,538. The stock had closed at $21.34 in the previous trading session.

Empire State Realty Trust, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area. The Company operates in two segments: Real Estate and Observatory. The Companys real estate segment includes all activities related to the ownership, management, operation, acquisition, repositioning and disposition of its real estate assets. Its observatory segment operates the 86th and 102nd floor observatories at the Empire State Building. These two lines of businesses are managed separately and provide different services.

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