Overall market sentiment has been high on Rexford Industrial Realty Inc (REXR) stock lately. REXR receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Rexford Industrial Realty Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on REXR!
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With REXR Stock Today?
Rexford Industrial Realty Inc (REXR) stock is trading at $52.62 as of 12:59 PM on Tuesday, Mar 5, a loss of -$0.18, or -0.34% from the previous closing price of $52.80. The stock has traded between $52.32 and $53.00 so far today. Volume today is less active than usual. So far 209,733 shares have traded compared to average volume of 1,613,274 shares.
To screen for more stocks like Rexford Industrial Realty Inc click here.
More About Rexford Industrial Realty Inc
Rexford Industrial Realty Inc is a real estate investment trust primarily engaged in the acquisition, ownership, and operation of industrial properties in Southern California. The company mainly focuses on leasing facilities in infill markets or relatively wealthy urban areas with a general scarcity of developable land. The vast majority of Rexford's real estate portfolio, in terms of square footage, revenue generation, and total value, comprises light manufacturing and distribution warehouse buildings located in Los Angeles and San Diego. The company's largest tenants are firms in the wholesale and retail, light manufacturing, industrial equipment, and food and beverage industries.
Click Here to get the full Stock Report for Rexford Industrial Realty Inc stock.
Share this article:
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You're all set to receive the Morning Update newsletter
