UDR Inc. (UDR) Moves Lower on Volume Spike for August 24
Market Summary
FollowUDR Inc. is a Owns and manages apartment communities
| Last Price $ 39.04 | Last Trade Aug/25 - 16:01 |
| Change $ -0.10 | Change Percent -0.26 % |
| Open $ 39.23 | Prev Close $ 39.14 |
| High $ 39.34 | low $ 38.95 |
| 52 Week High $ 40.71 | 52 Week Low $ 32.79 |
| Market Cap 10,446,058,275 | PE Ratio 3.67 |
| Volume 1,538,207 | Exchange NYE |
UDR - Market Data & News
UDR - Stock Valuation Report
TradeUDR Inc. (UDR) traded on unusually high volume on Aug. 24, as the stock lost 0.51% to close at $39.14. On the day, UDR Inc. saw 2.4 million shares trade hands on 10,212 trades. Considering that the stock averages only a daily volume of 1.12 million shares a day over the last month, this represents a pretty significant bump in volume over the norm.
Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.
The stock has traded between $40.71 and $32.79 over the last 52-weeks, its 50-day SMA is now $38.95, and its 200-day SMA $36.32. UDR Inc. has a P/B ratio of 3.68. It also has a P/E ratio of 35.8.
UDR Inc is a self-administered real estate investment trust. It owns, acquires, renovates, develops and manages apartment communities.
Headquartered in Highlands Ranch, CO, UDR Inc. has 1,587 employees and is currently under the leadership of CEO Thomas W. Toomey.
For a complete fundamental analysis analysis of UDR Inc., check out Equities.com’s Stock Valuation Analysis report for UDR.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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