AvalonBay Communities, Inc. stock performance trend indicates that the stock price has rallied 6.52% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 4.51% . Looking at the past 52 week period, the stock price is down -0.63% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of AvalonBay Communities, Inc. has a negative value of -1.97 compared to overall market performance.AvalonBay Communities, Inc. is having a Relative Strength Index of 63.97 which indicates the stock is not yet over sold or over bought based on the technical indicators.
AvalonBay Communities, Inc. (NYSE:AVB) has climbed 4.55% in the past week and advanced 4.1% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 4.3% and the outperformance has advanced to 2.91% for the last 4 weeks period.
For the current week, the company shares have a recommendation consensus of Buy. AvalonBay Communities, Inc. (NYSE:AVB) : On Friday heightened volatility was witnessed in AvalonBay Communities, Inc. (NYSE:AVB) which led to swings in the share price. The stock opened for trading at $185.71 and hit $186.88 on the upside , eventually ending the session at $185.86, with a gain of 0.52% or 0.96 points. The heightened volatility saw the trading volume jump to 1,673,261 shares. The 52-week high of the share price is $192.29 and the company has a market cap of $25,524 million. The 52-week low of the share price is at $158.32 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.AvalonBay Communities Inc was Upgraded by BofA/Merrill to Buy on Mar 8, 2017.
Company has reported several Insider transactions to the SEC, on Mar 10, 2017, Kevin P. Oshea (Chief Financial Officer) sold 3,560 shares at 182.19 per share price.On Mar 8, 2017, Stephen W Wilson (Executive Vice President) sold 3,877 shares at 182.10 per share price.On Mar 8, 2017, Keri A Shea (SVP-Finance and Treasurer) sold 1,000 shares at 181.77 per share price.
AvalonBay Communities Inc Last issued its quarterly earnings results on Feb 1, 2017. The company reported $2.12 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $2.11. The company had revenue of $518.24 million for the quarter, compared to analysts expectations of $517.23 million. The companys revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.99 EPS.
AvalonBay Communities, Inc. is a real estate investment trust. They focus on the ownership and operation of upscale apartment communities in high barrier-to-entry markets of the United States. These markets include Northern and Southern California and selected states in the Mid-Atlantic, Northeast, Midwest and Pacific Northwest regions of the country. AvalonBay is the surviving corporation from the merger of Avalon Properties, Inc. with and into Bay Apartment Communities, Inc.