Spirit Realty Capital, Inc. (SRC) traded within a range of $10.57 to $10.68 after opening the day at $10.64. The company has seen its stock increase in value by 11.1% so far this year. The stock was up close to 0.47% on light volume in last trading session and closed at $10.66 per share. After the recent gain, the stock is currently holding -22.69% below its 52 week high of $13.97 and 25.09% above its 12-month low of $8.9. The shares are down by over -21.68% in the last three months, and the RSI indicator value of 44.19 is neither bullish nor bearish, tempting investors to stay on the sidelines.
Spirit Realty Capital, Inc. is a publicly traded real estate investment trust. The firm primarily acquires across the United States single tenant operationally essential real estate, which refers to generally free-standing, commercial real estate facilities where tenants conduct retail, service or distribution activities that are essential to the generation of their sales and profits. The firm was formerly known as Spirit Finance Corp. Spirit Realty Capital, Inc. was formed on August 14, 2003 and is domiciled in the United States.
Chimera Investment Corporation (CIM) failed to extend gains with the stock declining -0.11% or $-0.02 to close the day at $17.62 on light trading volume of 1.34M shares, compared to its three month average trading volume of 1.64M. The New York New York 10022 based company has been outperforming the reit – diversified group over the past 52 weeks, with the stock gaining 43.17%, compared to the industry which has advanced 13.11% over the same period. With RSI of 62.9, the stock should still continue to rise and get closer to its one year target estimate of $17, making it a hold for now.
Chimera Investment Corporation operates as a real estate investment trust in the United States. The company, through its subsidiaries, invests in residential mortgage-backed securities (RMBS), residential mortgage loans, commercial mortgage loans, real estate-related securities, and various other asset classes. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. Chimera Investment Corporation was founded in 2007 and is based in New York, New York.
Sabre Corporation (SABR) gained $0.05 to close the day at a new closing price of $24.84, a 0.2% increase in value from its previous closing price that moved the stock 14.98% above its 52 week low of $22.03. A total of 1.34M shares exchanged hands during the day compared with its three month average trading volume of 3.07M. The stock, currently situated -15.33% below its 52 week high. The stock is down by -4.04% in the past one month and down by -8.21% over the past three months. With a one year target estimate of $31.09 and RSI of 41.59, the stock still has upside potential, making it a hold for now.
Sabre Corporation provides technology solutions to the travel and tourism industry. The company operates through two segments, Travel Network, and Airline and Hospitality Solutions. The Travel Network segment operates a business-to-business travel marketplace that offers travel content, such as inventory, prices, and availability from a range of travel suppliers, including airlines, hotels, car rental brands, rail carriers, cruise lines, and tour operators with a network of travel buyers comprising online and offline travel agencies, travel management companies, and corporate travel departments. The Airline and Hospitality Solutions segment offers a portfolio of software technology products and solutions through software-as-a-service and hosted delivery models to airlines, hotel properties, and other travel suppliers. This segment provides SabreSonic Customer Sales & Service, a reservation system that provides capabilities around managing sales and customer service across an airlines diverse touch points; Sabre AirVision Marketing & Planning, a set of airline commercial planning solutions; and Sabre AirCentre Enterprise Operations, a set of solutions for the holistic planning and management of airline, airport, and customer operations. In addition, this segment offers software and solutions to hotel properties comprising central reservation system, property management solution, and marketing and consulting services. Sabre Corporation was founded in 2006 and is headquartered in Southlake, Texas.