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Piedmont Offic-A Shares Down 16.1% Since SmarTrend's Sell Call (PDM)

By David Diaz

SmarTrend identified a Downtrend for Piedmont Offic-A (NYSE:PDM) on May 16th, 2017 at $21.04. In approximately 10 months, Piedmont Offic-A has returned 16.14% as of today's recent price of $17.64.

Over the past year, Piedmont Offic-Ahas traded in a range of $17.36 to $23.07 and are now at $17.64. 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