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Uptrend Call Working As Lexington Realty Stock Rises 16.0% (LXP)

By David Diaz

SmarTrend identified an Uptrend for Lexington Realty (NYSE:LXP) on November 29th, 2018 at $8.67. In approximately 10 months, Lexington Realty has returned 15.97% as of today's recent price of $10.06.

Over the past year, Lexington Realty has traded in a range of $7.66 to $10.67 and is now at $10.06, 31% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has risen 0.4%.

Lexington Realty Trust is a real estate investment trust that owns and manages office, industrial, and retail properties net-leased to major corporations throughout the United States. The Company also provides investment advisory and asset management services to investors in the net lease area.

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

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

Keywords: spotlights lexington realty

Ticker(s): LXP