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Cedar Shopping Centers Has Returned 26.2% Since SmarTrend Recommendation (CDR)

By Amy Schwartz

SmarTrend identified a Downtrend for Cedar Shopping Centers (NYSE:CDR) on October 3rd, 2016 at $7.11. In approximately 6 months, Cedar Shopping Centers has returned 26.25% as of today's recent price of $5.24.

In the past 52 weeks, shares of Cedar Shopping Centers have traded between a low of $4.94 and a high of $8.08 and are now at $5.24, which is 6% above that low price. The 200-day and 50-day moving averages have moved 0.06% higher and 0.01% lower over the past week, respectively.

Cedar Shopping Centers Inc. is a real estate investment trust. The Company has investments primarily in multi-tenant, supermarket-anchored shopping centers and drug store-anchored convenience centers.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Cedar Shopping Centers.

Log in and add Cedar Shopping Centers (CDR) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights cedar shopping centers

Ticker(s): CDR