Shares of Equity One (NYSE:EQY) traded today at $24.37, breaking its 52-week high. This new high was reached on below average trading volume as 338,000 shares traded hands, while the average 30-day volume is approximately 611,000 shares.
Equity One share prices have moved between a 52-week high of $24.37 and a 52-week low of $19.13 and are now trading 27% above that low price at $24.33 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.6%.
Equity One, Inc. is a self-administered, self-managed real estate investment trust. The Trust principally acquires, renovates, develops, and manages community and neighborhood shopping centers anchored by national and regional supermarket chains. Equity One's portfolio currently consists of properties primarily located in metropolitan areas of Florida and Texas.
Equity One (NYSE:EQY) is currently priced 8.2% above its average consensus analyst price target of $22.33. The stock should find initial support at its 50-day moving average (MA) of $23.45 and further support at its 200-day MA of $21.77.