Spirit Realty Capital (SRC) has risen sharply, recording gains of 0.68% in the past 4 weeks. However, the stock has corrected -3.22% in the past 1 week, providing a good buying opportunity on dips. Spirit Realty Capital (SRC) : During the past 4 weeks, traders have been relatively bearish on Spirit Realty Capital (SRC), hence the stock is down -1.76% 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 -3.63% relative to the S&P 500.
Spirit Realty Capital (NYSE:SRC): The stock opened at $13.42 on Friday but the bulls could not build on the opening and the stock topped out at $13.43 for the day. The stock traded down to $13.14 during the day, due to lack of any buying support eventually closed down at $13.23 with a loss of -1.42% for the day. The stock had closed at $13.42 on the previous day. The total traded volume was 6,429,312 shares.
The stock has recorded a 20-day Moving Average of 0.12% and the 50-Day Moving Average is 6.39%. Spirit Realty Capital, Inc. is up 14.33% in the last 3-month period. Year-to-Date the stock performance stands at 36.11%.
Spirit Realty Capital (SRC) : The highest level Spirit Realty Capital (SRC) is projected to reach is $15 for the short term and the lowest estimate is at $11. The consolidated price target from 11 rating analysts who initiate coverage on the stock is $13.11 and the possibility the share price can swing is $1.22.