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BRT Realty Trust Has Returned 24.5% Since SmarTrend Recommendation (BRT)

By Shiri Gupta

SmarTrend identified an Uptrend for BRT Realty Trust (NYSE:BRT) on February 25th, 2016 at $6.23. In approximately 8 months, BRT Realty Trust has returned 24.47% as of today's recent price of $7.75.

BRT Realty Trust share prices have moved between a 52-week high of $8.25 and a 52-week low of $5.41 and are now trading 43% above that low price at $7.75 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.7%.

BRT Realty Trust, a mortgage real estate investment trust, invests primarily in senior and junior real estate mortgage loans. The investment loans are secured by income-producing real estate, and to a lesser extent in senior real estate mortgage loans secured by undeveloped real property located in the greater New York metropolitan area.

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

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

Keywords: spotlights brt realty trust

Ticker(s): BRT