CBL & Associates Properties, Inc. s chart and data analysis indicates that the stock price has dropped -12.39% 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 -25.26% . Looking at the past 52 week period, the stock price is down -10.66% . 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 CBL & Associates Properties, Inc. has a negative value of -3.36 compared to overall market performance.
CBL & Associates Properties, Inc. stock has recorded a 20-day Moving Average of 5.16% and the 50-Day Moving Average is 8.66%.The 200 Day SMA reached 9.03%CBL & Associates Properties, Inc. is having a Relative Strength Index of 34.91 which indicates the stock is not yet over sold or over bought based on the technical indicators.CBL & Associates Properties, Inc. (NYSE:CBL) has tumbled 3.49% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 1.12% in the last four weeks. The stocks are negative as compared to the S&P 500 for the past week with a loss of 4.14%. CBL & Associates Properties, Inc. (NYSE:CBL) has underperformed the index by 1.99% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
CBL & Associates Properties, Inc. (NYSE:CBL) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.4 points or 3.86% at $9.97 with 3,997,895 shares getting traded. Post opening the session at $10.36, the shares hit an intraday low of $9.77 and an intraday high of $10.37 and the price was in this range throughout the day. The company has a market cap of $1,703 million and the number of outstanding shares has been calculated to be 170,792,650 shares. The 52-week high of CBL & Associates Properties, Inc. (NYSE:CBL) is $14.3 and the 52-week low is $8.86.
Currently the company Insiders own 11.62% of CBL & Associates Properties, Inc. shares according to the proxy statements. Institutional Investors own 93.73% of CBL & Associates Properties, Inc. shares. Company has reported several Insider transactions to the SEC, on Nov 12, 2015, Farzana K Mitchell (CFO) purchased 825 shares at 13.30 per share price.On Sep 23, 2015, Matthew Dominski (director) purchased 5,000 shares at 25.22 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.CBL & Associates Properties was Upgraded by Citigroup to Neutral on Jan 30, 2017. CBL & Associates Properties was Downgraded by Citigroup to Sell on Dec 13, 2016.
CBL & Associates Properties Last issued its quarterly earnings results on Feb 1, 2017. The company reported $0.68 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.66. The company had revenue of $258.49 million for the quarter, compared to analysts expectations of $265.54 million. The companys revenue was down -6.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.71 EPS.
CBL & Associates Properties, Inc. is a fully integrated real estate investment trust which owns, develops, acquires, leases, manages, and operates regional shopping malls, open-air centers, community centers and office properties. The Company conducts substantially all of its business through its operating partnership. It owns two qualified REIT subsidiaries: CBL Holdings I, Inc. and CBL Holdings II, Inc. CBL & Associates Properties is headquartered in Chattanooga, Tennessee.