SL Green Realty Corporation stock performance trend indicates that the stock price has rallied 3.52% 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 1.12% . Looking at the past 52 week period, the stock price is up at 15.37% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of SL Green Realty Corporation has a positive value of 3.7 compared to overall market.SL Green Realty Corp. is having a Relative Strength Index of 48.35 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of SL Green Realty Corporation (NYSE:SLG) rallied by 2.47% during the past week but lost 1.77% on a 4-week basis. The company has outperformed the S&P 500 by 2.22% in the past week but underperformed the index by 2.89% in the last 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. SL Green Realty Corporation (NYSE:SLG) : On Friday heightened volatility was witnessed in SL Green Realty Corporation (NYSE:SLG) which led to swings in the share price. The stock opened for trading at $108.58 and hit $110.08 on the upside , eventually ending the session at $109.31, with a gain of 1.02% or 1.1 points. The heightened volatility saw the trading volume jump to 1,418,442 shares. The 52-week high of the share price is $120.63 and the company has a market cap of $10,994 million. The 52-week low of the share price is at $92.51 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.SL Green Realty Corp was Downgraded by Deutsche Bank on Jan 9, 2017 to Hold, Lowers Price Target to $ 112 from a previous price target of $126 .
Company has reported several Insider transactions to the SEC, on Mar 3, 2017, Matthew J. Diliberto (Chief Financial Officer) sold 30,000 shares at 114.79 per share price.On Mar 3, 2017, Andrew S Levine (Chief Legal Officer & GC) sold 32,700 shares at 114.12 per share price.On Mar 1, 2017, Craig M Hatkoff (director) sold 2,800 shares at 111.05 per share price.
SL Green Realty Corp Last issued its quarterly earnings results on Jan 25, 2017. The company reported $1.43 EPS for the quarter. Analyst had a consensus estimate of $1.43. The company had revenue of $374.20 million for the quarter, compared to analysts expectations of $329.32 million. The companys revenue was down -12.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.62 EPS.
SL Green Realty Corporation is a fully-integrated, self administered and self-managed real estate investment trust and was formed for the purpose of continuing the commercial real estate business of SL Green. For more than 18 years, SL Green has been engaged in the business of owning, managing, leasing, acquiring and repositioning Class B office properties in Manhattan.