WP Glimcher (WPG) Shares are Down -8.65%

WP Glimcher (WPG) : During the past 4 weeks, traders have been relatively bearish on WP Glimcher (WPG), hence the stock is down -8.67% 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 -9.13% relative to the S&P 500. The 4-week change in the price of the stock is -10.51% and the stock has fallen -8.65% in the past 1 week.

The stock has recorded a 20-day Moving Average of 9.86% and the 50-Day Moving Average is 7%.The 200 Day SMA reached 15.68% Washington Prime Group Inc. is up 13.01% in the last 3-month period. Year-to-Date the stock performance stands at 19.55%.


Company shares have received an average consensus rating of Hold for the current week WP Glimcher (NYSE:WPG): stock was range-bound between the intraday low of $11.54 and the intraday high of $11.95 after having opened at $11.93 on Fridays session. The stock finally closed in the red at $11.93, a loss of -1.50%. The stock remained in the red for the whole trading day. The total traded volume was 4,598,332 shares. The stock failed to cross $11.95 in Fridays trading. The stocks closing price on Thursday was $11.83.

WP Glimcher Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company is engaged in ownership, development and management of retail real estate. Washington Prime Group, L.P. (WPG L.P.) is the Companys majority owned partnership subsidiary that owns, through its affiliates, all of the Companys real estate properties and other assets. As of December 31, 2014, the Companys assets consisted of interests in 97 shopping centers in the United States, consisting of strip centers and malls. The Companys properties are leased to various tenants across the retail, including anchor stores, big-box tenants, national inline tenants, sitdown restaurants, movie theatres and regional and local retailers. The Companys properties include Anderson Mall; Chautauqua Mall; Edison Mall; Forest Mall; Gulf View Square; Lincolnwood Town Center; Mesa Mall; Valle Vista Mall, and Westminster Mall, among others.

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