• Return to Headlines

Realpage Inc Looks to Continue to Trade Above its Annual-High Share Price Today

By Nick Russo

Shares of Realpage Inc (NASDAQ:RP) traded at a new 52-week high today of $63.83. Approximately 104,000 shares have changed hands today, as compared to an average 30-day volume of 560,000 shares.

RealPage, Inc. provides products and services to the multifamily real estate industry. The Company's services include applicant screening, accounting, budgeting, property management, and compliance reporting. RealPage also develops and delivers proprietary web-based applications that enhance client information management capabilities.

Over the past year, Realpage Inc has traded in a range of $21.04 to $63.83 and is now at $63.25, 201% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has risen 0.7%.

Realpage Inc (NASDAQ:RP) defies analysts with a current price ($63.25) 0.9% above its average consensus price target of $62.71. The stock should discover initial support at its 50-day moving average (MA) of $58.94 and subsequent support at its 200-day MA of $53.73.

SmarTrend recommended that subscribers consider buying shares of Realpage Inc on August 9th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $58.90. Since that recommendation, shares of Realpage Inc have risen 6.1%. We continue to monitor RP for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows realpage inc

Ticker(s): RP