TMCnet News
28.0% Return Seen to Date on SmarTrend Ramco-Gershenson Properties Trust Call (RPT)May 23, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Ramco-Gershenson Properties Trust (NYSE:RPT) on December 6th, 2011 at $9.31. In approximately 6 months, Ramco-Gershenson Properties Trust has returned 28.00% as of today's recent price of $11.91. Over the past year, Ramco-Gershenson Properties Trust has traded in a range of $7.37 to $13.18 and is now at $11.91, 62% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%. Ramco-Gershenson Properties Trust owns, develops, acquires, manages and leases regional malls, community shopping centers and single tenant properties, nationally. The REIT'S portfolio consists of properties located in Michigan, Ohio, Florida, New York, New Jersey, Maryland, Georgia and Wisconsin, North Carolina. South Carolina, Tennessee and Alabama. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Ramco-Gershenson Properties Trust shares.Log in and add Ramco-Gershenson Properties Trust (RPT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |
