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Vereit Inc Shares Down 11.8% Since SmarTrend's Sell Call (VER)

By Nick Russo

SmarTrend identified a Downtrend for Vereit Inc (NYSE:VER) on December 6th, 2017 at $7.74. In approximately 4 months, Vereit Inc has returned 11.83% as of today's recent price of $6.82.

Vereit Inc share prices have moved between a 52-week high of $11.09 and a 52-week low of $6.62 and are now trading 3% above that low price at $6.82 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.2%.

VEREIT, Inc. operates as a real estate investment trust. The Company owns, acquires, manages, leases, and finances a diversified portfolio of retail, restaurant, office, and industrial real estate assets. VEREIT 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 Vereit Inc.

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

Keywords: spotlights vereit inc

Ticker(s): VER