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Shares of CDR Down 27.8% Since Downtrend Call on Shares

By Shiri Gupta

SmarTrend identified a Downtrend for Cedar Realty Tru (NYSE:CDR) on October 3rd, 2016 at $7.11. In approximately 10 months, Cedar Realty Tru has returned 27.80% as of today's recent price of $5.13.

In the past 52 weeks, shares of Cedar Realty Tru have traded between a low of $4.70 and a high of $8.08 and are now at $5.13, which is 9% above that low price. The 200-day and 50-day moving averages have moved 0.06% higher and 0.01% lower over the past week, respectively.

Cedar Realty Trust Inc. is a fully-integrated real estate investment trust. The Company's portfolio of primarily supermarket-anchored shopping centers straddles the Washington, DC to Boston corridor.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Cedar Realty Tru.

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

Keywords: spotlights cedar realty tru

Ticker(s): CDR