Shares of Equity Commonwealth (EQC) Sees Large Inflow of Net Money Flow

Equity Commonwealth (EQC) : Investors lapped up stocks on upticks to the tune of $3.88 million in the Wednesdays trading session. The trading value on downticks was comparatively at $1.8 million and the uptick to downtick ratio of 2.16 indicates continuous buying by the bulls. The net money flow into the stock was $2.09 million. Upticks saw transactions worth $2.19 clearly indicating buying by large investors. The total money flow for block trades stood at $2.19 million, which is a positive for the stock in the long-term. Equity Commonwealth (EQC) fell $0.09 during the day at $30.59, a drop of -0.29% over the previous days close. However, for the week, the stock is -1.54%, compared to the previous week.


Equity Commonwealth has lost 0.45% in the last five trading days and dropped 0.84% in the last 4 weeks. Equity Commonwealth is up 6.3% in the last 3-month period. Year-to-Date the stock performance stands at 10.67%.

Equity Commonwealth (EQC) has an average broker rating of 2, which is interpreted as a Buy, as rated by 2 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 1 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 4, which is also a Sell.

Equity Commonwealth (NYSE:EQC): The stock opened at $30.65 and touched an intraday high of $30.89 on Wednesday. During the day, the stock corrected to an intraday low of $30.57, however, the bulls stepped in and pushed the price higher to close in the green at $30.69 with a gain of 0.03% for the day. The total traded volume for the day was 689,138. The stock had closed at $30.68 in the previous trading session.

Equity Commonwealth (EQC) is an internally managed and self-advised real estate investment trust (REIT). The Company is engaged in the ownership and operation primarily of office buildings in central business district (CBD) and suburban locations throughout the United States. The Companys two reportable segments include CBD properties and suburban properties. Its portfolio consists of 156 properties (262 buildings) with a combined 42.9 million square feet. The Companys portfolio comprises 40 properties (53 buildings) with a combined 21.9 million square feet located in CBD locations and 116 properties (209 buildings) with a combined 21.0 million square feet located in suburban locations. Eleven of its properties (11 buildings) with a combined 1.8 million square feet are located in Australia. The Companys properties are leased to approximately 1,800 tenants. Its principal source of funds for its operations is rents from tenants at its properties.

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