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Ps Business Park Down 14.7% Since SmarTrend Downtrend Call (PSB)

By Amy Schwartz

SmarTrend identified a Downtrend for Ps Business Park (NYSE:PSB) on October 31st, 2017 at $132.11. In approximately 4 months, Ps Business Park has returned 14.75% as of today's recent price of $112.62.

Ps Business Park share prices have moved between a 52-week high of $137.60 and a 52-week low of $101.46 and are now trading 11% above that low price at $112.62 per share. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.3%.

PS Business Parks, Inc. is a self-advised and self-managed real estate investment trust that acquires, develops, owns and operates commercial properties, primarily multi-tenant office industrial or ""flex"" space. The Company is the sole general partner of PS Business Parks, L.P. through which the Company conducts most of its activities.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Ps Business Park.

Log in and add Ps Business Park (PSB) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights ps business park

Ticker(s): PSB