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Recent 52-Week Low Surpassed in Shares of Winthrop Realty Trust (FUR)

By James Quinn

Winthrop Realty Trust (NYSE:FUR) traded at a new 52-week low today of $8.42. This new low was reached on below average trading volume as 113,000 shares traded hands, while the average 30-day volume is approximately 181,000 shares.

Winthrop Realty Trust is a real estate investment company. The Company acquires, holds, and manages a diverse real estate portfolio. Holdings include enclosed shopping malls, downtown office buildings, apartment complexes, and mortgage loans.

There is potential upside of 96.8% for shares of Winthrop Realty Trust based on a current price of $8.51 and an average consensus analyst price target of $16.75. The stock should run into initial resistance at its 50-day moving average (MA) of $12.83 and subsequent resistance at its 200-day MA of $13.63.

Over the past year, Winthrop Realty Trusthas traded in a range of $8.42 to $17.26 and are now at $8.51. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 0.2%.

SmarTrend recommended that its subscribers protect gains by selling shares of Winthrop Realty Trust on December 31st, 2014 by issuing a Downtrend alert when the shares were trading at $15.68. Since that call, shares of Winthrop Realty Trust have fallen 37.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: 52 week high/lows winthrop realty trust

Ticker(s): FUR