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 = 530135 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

UDR Shares Climbing Higher, Up 1.8%

Published on Tue, 07/09/2013 - 15:31
By Adrienne Chilton

One of today's stocks on the move is UDR (NYSE:UDR), up 1.8% to $25.77. The Dow Jones Industrial Average is now trading 0.5% higher to 15,300 and the S&P is trading 0.7% higher to 1,652.

UDR, Inc. is a self-administered real estate investment trust. The Company owns, operates, and develops apartment communities located nationwide.

UDR has overhead space with shares priced $25.77, or 3.1% below the average consensus analyst price target of $26.60. The stock should find initial support at its 50-day moving average (MA) of $24.96 and further support at its 200-day MA of $24.33.

Over the past year, UDR has traded in a range of $22.18 to $27.75 and is now at $25.77, 16% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has remained constant.

By Adrienne Chilton
achilton@fnno.com

Latest News from FNNO

TD Securities Made the Right Call, Pan A...

Pan American Silver was downgraded from Buy to Hold by TD Securities one week ago. The ...

Analyst Rating In Review: Medivation Bid...

One week ago Medivation (NASDAQ:MDVN) was downgraded from Buy to Neutral at Goldman Sac ...

Auxilium Pharmaceuticals In Retrospect: ...

RBC Capital downgraded Auxilium Pharmaceuticals (NASDAQ:AUXL) from Outperform to Sector ...

Analyst Rating In Review: Marvell Techno...

A week ago, JMP Securities upgraded Marvell Technology from Underperform to Market Perf ...

Buffalo Wild Wings Fulfills the Promise:...

A week ago, Miller Tabak upgraded Buffalo Wild Wings from Hold to Buy. Buffalo Wild Wi ...

Ericsson Down 1.6% Since UBS Downgraded ...

UBS downgraded Ericsson (NASDAQ:ERIC) from Buy to Neutral a week ago. The shares close ...

Analyst Rating Flashback: SYNNEX Up 8.1%...

Raymond James upgraded SYNNEX (NYSE:SNX) from Market Perform to Outperform a week ago. ...

Freeport-McMoRan In Retrospect: Shares D...

A week ago, Tigress Financial downgraded Freeport-McMoRan from Strong Buy to Neutral. ...