AvalonBay Communities (AVB) : Wednesdays money flow points at investors jumping to buy the stock on the weakness of price. $14.59 million worth of transactions were on upticks, whereas, the downticks accounted for $12.68 million worth of transactions. The net money flow was a positive $1.91 million and the uptick to downtick ratio was 1.15. The net money flow into the stock was $0 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $0 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. AvalonBay Communities (AVB) was trading at $180.32, down $0.09 during day. The stock slid -0.05% over the previous days close. For the week, the stock recorded -1.34% over the previous weeks close.
Shares of AvalonBay Communities, Inc. rose by 1.55% in the last five trading days and 3.44% for the last 4 weeks. AvalonBay Communities, Inc. is up 1.93% in the last 3-month period. Year-to-Date the stock performance stands at 0.11%.
AvalonBay Communities (AVB) has an average broker rating of 2.19, which is interpreted as a Buy, as rated by 16 equity analysts. Nonetheless, 6 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 9 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
AvalonBay Communities (NYSE:AVB): The stock opened at $181.13 and touched an intraday high of $182.2 on Wednesday. During the day, the stock corrected to an intraday low of $179.42, however, the bulls stepped in and pushed the price higher to close in the green at $181.59 with a gain of 0.65% for the day. The total traded volume for the day was 519,314. The stock had closed at $181.76 in the previous trading session.
AvalonBay Communities, Inc. is a real estate investment trust (REIT). The Company develops, redevelops, acquires, owns and operates multifamily communities primarily in New England, the New York/New Jersey metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California. It focuses on metropolitan areas in these regions. The Company operates in three segments: Established Communities, Other Stabilized Communities and Development/Redevelopment Communities. It owns an ownership interest in around 252 operating apartment communities containing 74,240 apartment homes in 11 states and the District of Columbia, of which around 228 communities contain around 66,631 apartment homes; two communities containing over 618 apartment homes were held by joint ventures in which it holds an ownership interest, and approximately 22 communities contain around 6,991 apartment homes. It operates apartment communities under three core brands: Avalon, AVA and Eaves by Avalon.