Before the Bell Scans: Newcastle Investment, Lexington Realty Trust, Cousins
Properties, and RAIT Financial Trust
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LONDON, June 25, 2013
LONDON, June 25, 2013 /PRNewswire/ --
On Monday, June 24, 2013, shares in REITs ended mostly lower, tracking losses
in the broader market. The major movers in the sector included Newcastle
Investment Corp. (NYSE: NCT), Lexington Realty Trust (NYSE: LXP), Cousins
Properties Inc. (NYSE: CUZ), and RAT Financial Trust (NYSE: RAS). All these
companies are tracked by AAAResearchReports.com. Free technical research on
NCT, LXP, CUZ, and RAS can be downloaded upon sign up at
Shares in Newcastle Investment Corp. tumbled on Monday, extending their losses
from previous trading sessions. The company's shares ended the day 3.40% lower
at $4.83 after hitting a 52-week low of $4.70. A total of 8.75 million shares
were traded which is slightly above the daily average volume of 8.49 million.
Newcastle Investment's shares have now fallen 8.17% in the last three trading
sessions. Newcastle Investment Corp. currently has a dividend yield of 14.08%.
Sign up today to read free research report on NCT at:
Lexington Realty Trust's stock moved 1.30% lower on Monday, tracking losses in
the broader market. The company's shares oscillated between $11.08 and $11.70
before ending the day at $11.35. A total of 2.92 million shares were traded
which is above the daily average volume of 2.05 million. Lexington Realty's
shares have fallen 4.78% in the last three trading sessions. The stock is
currently trading below its 50-day moving average of $12.51. The REIT has a
dividend yield of 5.29%. Register to download free technical analysis on LXP
Shares in Cousins Properties Inc. fell sharply on Monday as the broader market
struggled. The company's shares hit an intraday low of $9.47 before closing
the day 1.24% lower at $9.56. A total of 1.40 million shares were traded which
is above the daily average volume of 842,376. Cousins Properties' shares have
fallen 3.43% in the last three trading sessions. The stock is still trading
above its 200-day moving average of $9.24. A free report on CUZ can be
accessed by registering at:
RAIT Financial Trust's shares ended the day at $7.30, down 2.67%, after
trading between $7.06 and $7.41. A total of 917,155 shares were traded which
is above the daily average volume of 694,231. The company's shares have
declined 4.45% in the last three trading sessions. The RAIT currently has a
dividend yield of 7.12%. Register with AAA Research Reports and download the
research on RAS for free at:
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