Equity Residential Shares Fall 6.8% Below Previous 52-Week Low

EQR shares closed 6.8% lower than its previous 52 week low, giving the company a market cap of $19B. The stock is currently down 35.7% year-to-date, down 41.4% over the past 12 months, and down 20.0% over the past five years. This week, the Dow Jones Industrial Average rose 0.5%, and the S&P 500 rose 1.1%.

Trading Activity
Trading volume this week was 164.6% higher than the 20-day average.
Beta, a measure of the stock’s volatility relative to the overall market stands at 1.0.

Technical Indicators
The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
MACD, a trend-following momentum indicator, indicates a downward trend.
The stock closed below its Bollinger band, indicating it may be oversold.
The stock closed at 7.0% lower than its 5-day moving average, 12.1% lower than its 20-day moving average, and 15.8% lower than its 90-day moving average.

Analyst Sentiment
Among analysts who cover the stock, there are currently 4 buy, 12 hold, and 5 sell recommendations
In aggregate, consensus analyst recommendation on the stock is an overweight
The current average analyst price target is $59.21 with a high of $77.00 and a low of $50.00

Market Comparative Performance
The company's share price beats the S&P 500 Index this week, lags it on a 1-year basis, and lags it on a 5-year basis
The company's share price beats the Dow Jones Industrial Average this week, lags it on a 1-year basis, and lags it on a 5-year basis

Peer Group Comparative Performance
The company's price-earnings ratio beats its average peer by 16.7%
The company's performance over the last 1 year beats its average peer by -15.4%

This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com.