Pennsylvania Real Estate Invt Trust (PEI) Stock: What Does the Chart Say Tuesday?

Tuesday, December 21, 2021 11:52 AM | InvestorsObserver Analysts

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Pennsylvania Real Estate Invt Trust (PEI) Stock: What Does the Chart Say Tuesday?

Overall market sentiment has been down on Pennsylvania Real Estate Invt Trust (PEI) stock lately. PEI receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Pennsylvania Real Estate Invt Trust has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on PEI!

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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. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With PEI Stock Today?

Pennsylvania Real Estate Invt Trust (PEI) stock is down -9.8% while the S&P 500 is higher by 0.81% as of 11:49 AM on Tuesday, Dec 21. PEI is lower by -$0.10 from the previous closing price of $1.01 on volume of 1,273,793 shares. Over the past year the S&P 500 has risen 24.63% while PEI is lower by -12.50%. PEI lost -$4.21 per share in the over the last 12 months.

More About Pennsylvania Real Estate Invt Trust

Pennsylvania Real Estate Investment Trust is a self-managed and self-administered REIT in the United States. It is engaged in the ownership, management, leasing, acquisition, redevelopment, development and disposition of retail shopping malls including regional department stores and large format retailers. Its properties involve mall portfolio, redevelopment, speciality leasing, and partnerships and marketing. It derives the substantial majority of revenue from rent leases of retail properties in the real estate portfolio. Click Here to get the full Stock Report for Pennsylvania Real Estate Invt Trust stock.