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25.3% Return Seen to Date on SmarTrend Nexpoint Resi Call (NXRT)

By Shiri Gupta

SmarTrend identified an Uptrend for Nexpoint Resi (NYSE:NXRT) on March 14th, 2018 at $25.53. In approximately 6 months, Nexpoint Resi has returned 25.29% as of today's recent price of $31.98.

In the past 52 weeks, shares of Nexpoint Resi have traded between a low of $23.03 and a high of $33.64 and are now at $31.98, which is 39% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.9%.

NexPoint Residential Trust, Inc. operates as a real estate investment trust. The Company acquires, owns, and operates middle-income multifamily properties with value-add potential throughout the Southeastern and Southwestern United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Nexpoint Resi shares.

Log in and add Nexpoint Resi (NXRT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights nexpoint resi

Ticker(s): NXRT