SL Green Realty Corporation (SLG) Shares are Down -5.03%

SL Green Realty Corporation (SLG) : During the past 4 weeks, traders have been relatively bearish on SL Green Realty Corporation (SLG), hence the stock is down -6.92% 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 -5.19% relative to the S&P 500. The 4-week change in the price of the stock is -7.42% and the stock has fallen -5.03% in the past 1 week.

The stock has recorded a 20-day Moving Average of 3.49% and the 50-Day Moving Average is 5.47%.The 200 Day SMA reached 5.61%

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SL Green Realty Corporation (NYSE:SLG): After opening at $108.53, the stock dipped to an intraday low of $107.5 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $109.15 and the buying power remained strong till the end. The stock closed at $108.1 for the day, a gain of 0.18% for the day session. The total traded volume was 1,203,255. The stocks close on the previous trading day was $108.1.

SL Green Realty Corporation (SLG) : Average target price received by SL Green Realty Corporation (SLG) is $125.2 with an expected standard deviation of $7.94. The most aggressive target on the stock is $131, whereas the most downbeat target is $107. 10 financial analysts are currently covering the stock.

SL Green Realty Corp. is a self-managed real estate investment trust, or REIT, with in-house capabilities in property management, acquisitions and dispositions, financing, development and redevelopment, construction and leasing. It operates two segments: real estate and debt and preferred equity investments. The Company owns interests in commercial office properties in the New York Metropolitan area, primarily in midtown Manhattan. The Company also manages an approximately 336,201 square foot office building owned by a third party and held debt and preferred equity investments with a book value of approximately $1.4 billion. The Company also invests in well-collateralized debt and preferred equity investments.

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