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Vornado Rlty Tst: New 52-Week Low Set Today (VNO)

By Shiri Gupta

Vornado Rlty Tst (NYSE:VNO) traded at a new 52-week low today of $76.38. So far today approximately 76,000 shares have been exchanged, as compared to an average 30-day volume of 699,000 shares.

In the past 52 weeks, Vornado Rlty Tst share prices have been bracketed by a current low of $76.38 and a high of $111.72 and are now at $76.65. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.8%.

Vornado Realty Trust is a fully-integrated real estate investment trust. The Trust owns, manages, and leases office properties in New York City, Washington, DC, and California. Vornado Realty Trust also owns retail properties in Washington, DC and Puerto Rico.

Potential upside of 40.1% exists for Vornado Rlty Tst, based on a current level of $76.65 and analysts' average consensus price target of $107.36. Vornado Rlty Tst shares should first meet resistance at the 50-day moving average (MA) of $93.31 and find additional resistance at the 200-day MA of $93.58.

SmarTrend is tracking the current trend status for Vornado Rlty Tst and will alert subscribers who have VNO in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows vornado rlty tst

Ticker(s): VNO