user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 432618 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Shares of SL Green Realty Under Pressure, Down 1.4%

Published on Wed, 01/30/2013 - 13:24
By Peter Chu

SL Green Realty (NYSE:SLG) is one of today's notable stocks in decline, down 1.4% to $80.68. The S&P is currently trading fractionally lower to 1,507 and the Dow Jones Industrial Average is trading fractionally higher to 13,956.

SL Green Realty Corp. is a fully integrated, self-administered and self-managed real estate investment trust. The Trust is exclusively focused on owning and operating office buildings in Manhattan.

Potential upside of 8.0% exists for SL Green Realty, based on a current level of $80.68 and analysts' average consensus price target of $87.12. The stock should discover initial support at its 200-day moving average (MA) of $78.01 and subsequent support at its 50-day MA of $76.95.

Over the past year, SL Green Realty has traded in a range of $70.34 to $85.74 and is now at $80.68, 15% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.6%.

By Peter Chu
pchu@fnno.com

Latest News from FNNO

Stock Investors Sell Off Shares of Pinna...

Pinnacle Entertainment (NYSE:PNK) is one of today's biggest movers, down 1.4% to $23.67 ...

Highest Debt to EBITDA Ratio in the Real...

Below are the three companies in the Real Estate Development industry with the highest ...

Shares of AGCO Under Pressure, Down 1.4%...

One of today's notable stocks in decline is AGCO (NYSE:AGCO), down 1.4% to $48.56. The ...

Orbitz Worldwide is Among the Companies ...

Below are the three companies in the Internet Retail industry with the highest debt to ...

Buyers Accumulate Shares of Mountain Pro...

One of today's notable stocks on the rise is Mountain Province Diamonds (AMEX:MDM), up ...

Liberty Media Ranks the Highest in Terms...

Below are the three companies in the Catalog Retail industry with the highest debt to E ...

Stock Investors Sell Off Shares of Integ...

One of today's notable stocks in decline is Integrated Device Technology (NASDAQ:IDTI), ...

Highest Debt to EBITDA Ratio in the Foot...

Below are the three companies in the Footwear industry with the highest debt to EBITDA ...