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Piedmont Offic-A Down 17.0% Since SmarTrend Downtrend Call (PDM)

By Shiri Gupta

SmarTrend identified a Downtrend for Piedmont Offic-A (NYSE:PDM) on May 16th, 2017 at $21.04. In approximately 11 months, Piedmont Offic-A has returned 16.97% as of today's recent price of $17.47.

In the past 52 weeks, shares of Piedmont Offic-A have traded between a low of $16.69 and a high of $23.07 and are now at $17.46, which is 5% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 1.0%.

Piedmont Office Realty Trust Inc. is a fully integrated and self-managed real estate investment trust (REIT). The trust specializes in the acquisition, ownership, management and development of primarily office buildings located in major U.S. markets.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Piedmont Offic-A.

Log in and add Piedmont Offic-A (PDM) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights piedmont offic-a

Ticker(s): PDM