Long Term Investment Opportunities? Capstead Mortgage Corporation (CMO), FelCor Lodging Trust Incorporated (FCH) and First Industrial Realty Trust, Inc. (FR)
New York, NY – GDP INSIDER – 04/28/2014.
This article discusses three companies: Capstead Mortgage Corporation (NYSE:CMO), FelCor Lodging Trust Incorporated (NYSE:FCH) and First Industrial Realty Trust, Inc. (NYSE:FR)
Capstead Mortgage Corporation (NYSE:CMO) declined 0.25% during Monday’s trading as the stock lost three cents to finish the day at $11.94 with more than 0.946 million shares changing hands, compared to its three month average trading volume of 0.838 million. The $1.14 billion market cap self managed real estate investment trust, which fluctuated between $11.93 and $11.99 during the day, currently situated 6.08% above its 52 week low of $11.26 and 4.21% away from its one year high of $12.46. The RSI of 55.47 indicates the stock is not undervalued, the MFI of 46.58 shows the money is flowing in the right direction, making it a worthwhile hold for now.
FelCor Lodging Trust Incorporated (NYSE:FCH) reversed its recent downward trend yesterday with the stock closing up 0.61% or $0.07 at $11.58 with more than 1.247 million shares trading hands, compared to its three month average trading volume of 1.06 million. The US-based real estate investment trust has been performing well so far this year with the stock up 7.81% over the past one year, outperforming the S&P 500 which is only up 2.43% for the same period. With EPS of $0.43 and quarterly earnings growth (yoy) of 104.30%, FelCor Lodging Trust Incorporated has plenty of upside potential, making it a hold for now.
First Industrial Realty Trust, Inc. (NYSE:FR) continued to decline yesterday with the stock losing 0.69% or fourteen cents to finish the day at a closing price of $20.01on higher than average trading volume of 0.922 million, compared to its three month average trading volume of 0.547 million. The Illinois-based self-administered and fully integrated real estate company is holding 4.24% below its 50 day moving average of $21.86 and 2.48% above its 200 day moving average of $19.53. With a one year price target estimate of $22.20 and RSI at 36.94, First Industrial Realty Trust, Inc has plenty of upside potential making it a solid hold with a view to buy.
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