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Downtrend Call Working As Ramco-Gershenson Properties Trust Stock Falls 24.6% (RPT)

By Nick Russo

SmarTrend identified a Downtrend for Ramco-Gershenson Properties Trust (NYSE:RPT) on September 12th, 2016 at $18.40. In approximately 6 months, Ramco-Gershenson Properties Trust has returned 24.64% as of today's recent price of $13.87.

Ramco-Gershenson Properties Trust share prices have moved between a 52-week high of $20.24 and the current low of $13.82 and are currently at $13.87 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.5%.

Ramco-Gershenson Properties Trust owns, develops, acquires, manages and leases regional malls, community shopping centers and single tenant properties, nationally. The REIT'S portfolio consists of properties located in Michigan, Ohio, Florida, New York, New Jersey, Maryland, Georgia and Wisconsin, North Carolina. South Carolina, Tennessee and Alabama.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Ramco-Gershenson Properties Trust.

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

Keywords: spotlights ramco-gershenson properties trust

Ticker(s): RPT