Lexington Realty Trust (LXP) saw its value increase by 1.01% as the stock gained $0.11 to finish the day at a closing price of $11.01. The stock was lighter in trading and has fluctuated between $6.61-$11.18 per share for the past year. The shares, which traded within a range of $10.91 to $11.04 during the day, are up by 13.52% in the past three months and up by 4.79% over the past six months. It is currently trading 2.43% above its 20 day moving average and 3.67% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $10.11 a share over the next twelve months. The current relative strength index (RSI) reading is 59.09.The technical indicator lead us to believe there will be no major movement any time soon, hold.
Lexington Realty Trust operates as a self-managed and self-administered real estate investment trust (REIT). The company acquires, owns, and manages a portfolio of office, industrial, and retail properties net-leased to corporate tenants in the United States. It also provides investment advisory and asset management services to institutional investors in the net lease area. As of June 30, 2005, the company operated 185 properties and managed 2 properties. Lexington Realty Trust has elected to qualify as a REIT for federal income tax purposes. As a REIT, it would not be taxed on the portion of its income, which is distributed to shareholders, provided it distributes at least 90% of its taxable income. The company was founded in 1991 and is based in New York City.
Five Below, Inc. (FIVE) shares were up in last trading by 4.65% to $39.8. It experienced lighter than average volume on day. The stock increased in value by almost 2.16% over the past week and fell -2.26% in the past month. It is currently trading -0.68% below its 50 day moving average and -5.93% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -24.48% decrease in value from its one year high of $52.7. The RSI indicator value of 50.61, lead us to believe that it is a hold for now.
Five Below, Inc. operates as a specialty value retailer in the United States. It offers accessories, including novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and T-shirts, as well as beauty products comprising nail polish, lip gloss, fragrance, and branded cosmetics; and items used to complete and personalize living space, including glitter lamps, posters, frames, fleece blankets, pillows, candles, incense, and related items, as well as provides storage options for the customer’s room and locker. The company also provides sport balls; team sports merchandise and fitness accessories, such as hand weights, jump ropes, and gym balls; games, including name brand board games, puzzles, toys, and plush items; and pool, beach and outdoor toys, games, and accessories. In addition, it offers accessories, such as cases, chargers, headphones, and other related items for PCs, cell phones, and tablet computers; books, video games, and DVDs; craft activity kits; arts and crafts supplies that consist of crayons, markers, and stickers; and trend-right items for school comprising backpacks, fashion notebooks and journals, novelty pens and pencils, and everyday name brand items. Further, the company provides party goods, decorations, and greeting cards, as well as every day and special occasion merchandise products; assortment of classic and novelty candy bars, movie-size box candy, and gum and snack food; chilled drinks through coolers; and seasonally-specific items used to celebrate and decorate for events, such as Christmas, Easter, Halloween, and St. Patrick’s Day. It primarily serves teen and pre-teen customers. As of December 1, 2016, it operated approximately 517 stores in 31 states. The company was formerly known as Cheap Holdings, Inc. and changed its name to Five Below, Inc. in August 2002. Five Below, Inc. was founded in 2002 and is headquartered in Philadelphia, Pennsylvania.
First Solar, Inc. (FSLR) traded within a range of $31.65 to $32.6 after opening the day at $31.71. The company has seen its stock increase in value by 0.44% so far this year. The stock was up close to 2.16% on light volume in last trading session and closed at $32.23 per share. After the recent gain, the stock is currently holding -56.62% below its 52 week high of $74.29 and 12.69% above its 12-month low of $28.6. The shares are down by over -3.76% in the last three months, and the RSI indicator value of 46.54 is neither bullish nor bearish, tempting investors to stay on the sidelines.
First Solar, Inc. provides solar energy solutions in the United States and internationally. It operates through two segments, Components and Systems. The Components segment designs, manufactures, and sells solar modules that convert sunlight into electricity. This segment manufactures cadmium telluride and crystalline silicon modules for system integrators and operators. The Systems segment provides turn-key photovoltaic solar power systems or solar solutions, such as project development; engineering, procurement, and construction; and operating and maintenance services to utilities, independent power producers, and commercial and industrial companies. It also commissions a 52.5 megawatt Shams Ma’an solar power plant in the Hashemite Kingdom of Jordan. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona.