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City Office Reit Has Returned 9.6% Since SmarTrend Recommendation (CIO)

By Shiri Gupta

SmarTrend identified an Uptrend for City Office Reit (NYSE:CIO) on June 12th, 2019 at $12.10. In approximately 5 months, City Office Reit has returned 9.59% as of today's recent price of $13.26.

Over the past year, City Office Reit has traded in a range of $9.73 to $14.49 and is now at $13.26, 36% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has remained constant.

City Office REIT, Inc. acquires, owns and operates office properties. The Company invests in properties located in metropolitan areas in the Southern and Western United States.

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

Log in and add City Office Reit (CIO) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights city office reit

Ticker(s): CIO