QTS Realty Trust (QTS) : During the past 4 weeks, traders have been relatively bearish on QTS Realty Trust (QTS), hence the stock is down -5.34% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.91% relative to the S&P 500. The 4-week change in the price of the stock is -4.98% and the stock has fallen -0.94% in the past 1 week.
QTS Realty Trust, Inc. is up 5.63% in the last 3-month period. Year-to-Date the stock performance stands at 21.15%. The stock has recorded a 20-day Moving Average of 1.95% and the 50-Day Moving Average is 2.23%.
QTS Realty Trust (NYSE:QTS): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $53.50 and $53.21 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $53.86. The buying momentum continued till the end and the stock did not give up its gains. It closed at $53.86, notching a gain of 0.58% for the day. The total traded volume was 223,600 . The stock had closed at $53.55 on the previous day.
Also, Equity analysts at the Brokerage firm Jefferies maintains its rating on QTS Realty Trust (NYSE:QTS). The rating major has initiated the coverage with buy rating on the shares. The Analysts at Jefferies lowers the price target from $65 per share to $63 per share. The rating by the firm was issued on August 11, 2016.
QTS Realty Trust, Inc. (QTS) is an owner, developer and operator of carrier-neutral and multi-tenant data centers. The Companys data centers are facilities that house the network and computer equipment of multiple customers and provide access to a range of communications carriers. The Company has an integrated platform through which it owns and operates its data centers and provides a range of IT infrastructure solutions. Its spectrum of core data center products referred to as 3Cs, which consists of Custom Data Center, Colocation and Cloud and Managed Services. The Company operates a portfolio of over 12 data centers across approximately eight states. The Companys data centers facilities used by its customers to house, power and cool the networking equipment and computer systems that support their business processes. QTSs customers include financial institutions, healthcare companies, Government agencies, communications service providers, software companies and Internet companies.