Kite Realty Group Trust s trend and data analysis indicates that the stock price has dropped -6.21% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -22.08% . Looking at the past 52 week period, the stock price is down -22.25% . 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 Kite Realty Group Trust has a negative value of -11.79 compared to overall market performance.Kite Realty Group Trust is having a Relative Strength Index of 43.5 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of Kite Realty Group Trust (NYSE:KRG) rallied by 7.84% during the past week but lost 7.49% on a 4-week basis. The company has outperformed the S&P 500 by 7.58% in the past week but underperformed the index by 8.55% in the last 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. Kite Realty Group Trust (NYSE:KRG) : On Friday heightened volatility was witnessed in Kite Realty Group Trust (NYSE:KRG) which led to swings in the share price. The stock opened for trading at $21.56 and hit $21.63 on the upside , eventually ending the session at $21.6, with a gain of 0.51% or 0.11 points. The heightened volatility saw the trading volume jump to 1,548,168 shares. The 52-week high of the share price is $30.45 and the company has a market cap of $1,805 million. The 52-week low of the share price is at $19.91 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Kite Realty Group Trust was Upgraded by Raymond James to Strong Buy on Jan 9, 2017.
Company has reported several Insider transactions to the SEC, on Nov 25, 2016, John A Kite (Chairman & CEO) sold 33,000 shares at 24.35 per share price.On Aug 1, 2016, Thomas R Olinger (Senior VP & CAO) sold 5,500 shares at 30.22 per share price.On Aug 1, 2016, Daniel R Sink (Executive VP & CFO) sold 16,625 shares at 29.95 per share price.
Kite Realty Group Trust Last issued its quarterly earnings results on Feb 2, 2017. The company reported $0.50 EPS for the quarter. Analyst had a consensus estimate of $0.50.Analysts expectations of $ 89.00.During the same quarter in the previous year, the company posted $0.50 EPS.
Kite Realty Group Trust is a full-service, vertically integrated real estate investment trust focused primarily on the development, construction, acquisition, ownership and operation of high quality neighborhood and community shopping centers in selected growth markets in the United States. They own interests in a portfolio of operating retail properties, retail properties under development, operating commercial properties, a related parking garage, commercial property under development and parcels of land that may be used for future development.