Stock price performance of Simon Property Group, Inc. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 1.49% 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 -12.54% . Looking at the past 52 week period, the stock price is up at 0.73% . 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 Simon Property Group, Inc. has a negative value of -14.45 compared to overall market performance. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 1.85% and the 50-Day Moving Average is 1.31%.The 200 Day SMA reached 9.46%
Simon Property Group, Inc. is having a Relative Strength Index of 55.68 which indicates the stock is not yet over sold or over bought based on the technical indicators. Stocks of Simon Property Group, Inc. (NYSE:SPG) rallied by 3.24% during the past week but lost 0.8% on a 4-week basis. The company has outperformed the S&P 500 by 3.12% in the past week but underperformed the index by 1.69% in the last 4 weeks.
Company has reported several Insider transactions to the SEC, on Sep 6, 2016, Steven K. Broadwater (SVP & Chief Accounting Officer) sold 945 shares at 215.41 per share price.On Aug 29, 2016, Andrew Juster (EVP/Chief Financial Officer) sold 7,000 shares at 215.70 per share price.On Apr 28, 2016, Allan B Hubbard (director) purchased 136 shares at 204.92 per share price.
Simon Property Group Inc Last issued its quarterly earnings results on Jan 31, 2017. The company reported $2.53 EPS for the quarter, missing the analyst consensus estimate by $ -0.04. Analyst had a consensus of $2.57. The company had revenue of $1426.00 million for the quarter, compared to analysts expectations of $1473.79 million. The companys revenue was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.40 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Simon Property Group Inc was Downgraded by SunTrust to Hold on Jan 20, 2017. Simon Property Group Inc was Downgraded by Deutsche Bank on Jan 9, 2017 to Hold, Lowers Price Target to $ 188 from a previous price target of $231 .
Simon Property Group, Inc. (NYSE:SPG) : On Friday heightened volatility was witnessed in Simon Property Group, Inc. (NYSE:SPG) which led to swings in the share price. The stock opened for trading at $184.1 and hit $185.41 on the upside , eventually ending the session at $185.33, with a gain of 1.3% or 2.37 points. The heightened volatility saw the trading volume jump to 1,805,307 shares. The 52-week high of the share price is $229.1 and the company has a market cap of $58,238 million. The 52-week low of the share price is at $173.11 .
Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust which, through its subsidiary partnerships, is engaged in the ownership, development, management, leasing, acquisition and expansion of income-producing properties, primarily regional malls and community shopping centers. (Company Press Release)