UDR's stock is down 1.8% to $35.03 on heavy trading volume. Today's volume of 2.1 million shares tops the average 30-day volume of 1.5 million shares. Unusually high volume can signify a potential turning point or validate a breakout.
UDR has overhead space with shares priced $35.03, or 1.1% below the average consensus analyst price target of $35.42. UDR shares have support at the 50-day moving average (MA) of $33.38 and additional support at the 200-day MA of $32.56.
UDR, Inc. is a self-administered real estate investment trust. The Company owns, operates, and develops apartment communities located nationwide.
UDR share prices have moved between a 52-week high of $35.68 and a 52-week low of $26.97 and are now trading 30% above that low price at $35.03 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has risen 0.3%.