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Shares of WRE Call on Shares

By James Quinn

SmarTrend identified a Downtrend for Washington Reit (NYSE:WRE) on September 11th, 2019 at $27.79. In approximately 2 months, Washington Reit has returned 10.33% as of today's recent price of $30.66.

In the past 52 weeks, shares of Washington Reit have traded between a low of $22.53 and a high of $31.41 and are now at $30.66, which is 36% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 1.7%.

Washington Real Estate Investment Trust (Washington REIT) operates as a real estate investment trust. The Company owns and develops shopping centers, office buildings, apartment buildings, and industrial properties. Washington REIT serves customer in the State of Washington.

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

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

Keywords: spotlights washington reit

Ticker(s): WRE