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Shares of RPT Down 26.7% Since Downtrend Call on Shares

By James Quinn

SmarTrend identified a Downtrend for Ramco-Gershenson (NYSE:RPT) on September 12th, 2016 at $18.40. In approximately 10 months, Ramco-Gershenson has returned 26.65% as of today's recent price of $13.50.

Ramco-Gershenson share prices have moved between a 52-week high of $20.24 and a 52-week low of $11.86 and are now trading 14% above that low price at $13.50 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.5%.

Ramco-Gershenson Properties Trust operates as a real estate investment trust. The Trust owns, develops, acquires, manages, and leases regional malls, community shopping centers, and single tenant properties nationally. Ramco-Gershenson Properties serves customers in the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Ramco-Gershenson.

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

Keywords: spotlights ramco-gershenson

Ticker(s): RPT