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Is Terreno Realty Corp (TRNO) a Stock to Watch After Gaining 2.84% This Week?

Tuesday, March 26, 2024 10:41 AM | InvestorsObserver Analysts

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Is Terreno Realty Corp (TRNO) a Stock to Watch After Gaining 2.84% This Week?

Overall market sentiment has been neutral on Terreno Realty Corp (TRNO) stock lately. TRNO receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,neutral
Terreno Realty Corp has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on TRNO!

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. 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 TRNO Stock Today?

Terreno Realty Corp (TRNO) stock is trading at $64.35 as of 10:33 AM on Tuesday, Mar 26, an increase of $0.38, or 0.59% from the previous closing price of $63.98. Volume today is high. So far 1,490,251 shares have traded compared to average volume of 657,647 shares. The stock has traded between $63.20 and $64.37 so far today. To see InvestorsObserver's Sentiment Score for Terreno Realty Corp click here.

More About Terreno Realty Corp

Terreno Realty Corp is a real estate investment trust primarily engaged in the acquisition ownership and operation of industrial real estate in the U.S. Warehouse properties located in large densely-populated urban areas along the U.S. coastline comprise the vast majority of the companys portfolio. The markets of Los Angeles Northern New Jersey and New York City San Francisco Bay Area Seattle Miami and Washington DC are the companys major markets. Terreno derives nearly all of its revenue in the form of rental income from tenants. Terrenos largest customers are large manufacturers and distributors such as Amazon FedEx the U.S. Government Northrop Grumman Systems and more. The company controls a smaller number of light industrial and research and development facilities. Click Here to get the full Stock Report for Terreno Realty Corp stock.

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