• Return to Headlines

Shares of PSB Down 13.0% Since Downtrend Call on Shares

By Nick Russo

SmarTrend identified a Downtrend for Ps Business Park (NYSE:PSB) on October 31st, 2017 at $132.11. In approximately 6 months, Ps Business Park has returned 13.05% as of today's recent price of $114.87.

In the past 52 weeks, Ps Business Park share prices have been bracketed by a low of $101.46 and a high of $137.60 and are now at $114.87, 13% above that low price. Over the last five market days, 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