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Shares of BRT Up 25.6% Since Uptrend Call on Shares

By Shiri Gupta

SmarTrend identified an Uptrend for BRT Realty Trust (NYSE:BRT) on February 25th, 2016 at $6.23. In approximately 16 months, BRT Realty Trust has returned 25.62% as of today's recent price of $7.82.

Over the past year, BRT Realty Trust has traded in a range of $5.41 to $8.70 and is now at $7.82, 45% above that low. The 200-day and 50-day moving averages have moved 0.04% higher and 1.73% higher over the past week, respectively.

BRT Realty Trust, a mortgage real estate investment trust, invests primarily in senior and junior real estate mortgage loans. The investment loans are secured by income-producing real estate, and to a lesser extent in senior real estate mortgage loans secured by undeveloped real property located in the greater New York metropolitan area.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of BRT Realty Trust shares.

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

Keywords: spotlights brt realty trust

Ticker(s): BRT