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Shares of Colony Capital-A Has Fallen Below Previous 52-Week Low

By Nick Russo

Colony Capital-A (:CLNY) traded at a new 52-week low today of $4.54. This new low was reached on below average trading volume as 203,000 shares traded hands, while the average 30-day volume is approximately 2.9 million shares.

There is potential upside of 57.9% for shares of Colony Capital-A based on a current price of $4.54 and an average consensus analyst price target of $7.17. The stock should run into initial resistance at its 50-day moving average (MA) of $5.19 and subsequent resistance at its 200-day MA of $5.42.

Colony Capital, Inc. is a real estate finance company. The Company acquires, originates, and manages a diversified portfolio of real estate related debt instruments. Colony Capital serves customers globally.

In the past 52 weeks, shares of Colony Capital-A have traded between the current low of $4.54 and a high of $6.28 and are now at $4.54. The 200-day and 50-day moving averages have moved 0.28% lower and 0.52% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Colony Capital-A and will alert subscribers who have CLNY in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows :clny colony capital-a

Ticker(s): CLNY