Weingarten Realty Investors (NYSE:WRI) traded today at a new 52-week high of $30.79. Approximately 175,000 shares have changed hands today, as compared to an average 30-day volume of 867,000 shares.
Weingarten Realty Investors is a real estate investment trust with income producing properties primarily in the Southwest. The Trust properties include shopping centers, office and service centers, apartment projects, and office buildings.
In the past 52 weeks, shares of Weingarten Realty Investors have traded between a low of $23.80 and a high of $30.79 and is now at $30.78, which is 29% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has risen 0.2%.
Weingarten Realty Investors (NYSE:WRI) defies analysts with a current price ($30.78) 0.9% above its average consensus price target of $30.50. The stock should discover initial support at its 200-day moving average (MA) of $28.30 and subsequent support at its 50-day MA of $28.16.
NetworkNewsWire is monitoring the Equity Real Estate Investment Industry for any potential shift so investors can protect gains.
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