Traders Recap: Washington Real Estate Investment Trust (NYSE:WRE) , IDEX Corporation (NYSE:IEX)

On 4/19/2017, Shares of Washington Real Estate Investment Trust (NYSE:WRE) closed at $32.50 in last trading day. After noting the initial trading entry at $32.45, it reached to a day’s high of $32.67 and moved to a day’s low of $32.43. The recent daily volume was 467.78 thousand as contrast to it’s an average volume of 355.67 thousand.

Technical Indicators:

The last close of the Washington Real Estate Investment Trust stock reflects that it traded up +3.15% from its 50-day moving average of $31.51. The stock traded above +3.89% to its 200-day MA of $31.28. Furthermore, it moved lower -6.10% from its 52-week high of $34.61 and +17.54% up from $27.65, which is 52-week low of the stock.

During the last month, Washington Real Estate Investment Trust’s (WRE) has changed 4.47% and performed 9.52% over the last 6 months. The mean rating score for this stock is at 2.60. This rating scale contains from 1 to 5 with 5 representing a Strong Sell, 1 signifying a Strong Buy and 3 demonstrating a Hold. The Volatility was noted at 1.43% in recent month and observed Weekly Volatility of 0.95%.

Washington Real Estate Investment Trust is an equity real estate investment trust (REIT). The company engages in the ownership, operation, and development of real properties. The firm invests in real estate markets of the greater Washington D.C. metro region. It focuses on office, medical office, industrial/flex space, retail, and multifamily real estate investments. Washington Real Estate Investment Trust was founded in 1960 and is based in Rockville, Maryland.

IDEX Corporation (NYSE:IEX) finalized the last transaction at value of $94.00, with a daily change of +0.50% or +0.47 points. The company maintained volume of 441.57 thousand shares. In past trading day, the stock hit the maximum price of $94.43 and touched to minimum value of $93.45. It has a market cap of $ 7.17B.

Technical Indicators:

As of last trade close, the stock is trading  downside -2.33% from its one year high of $96.24 and moved +20.62% upward from $77.93, which is one year low of the stock.

The stock traded above +1.25% from its 50-day moving average of $92.84. Furthermore, the stock moved up +2.92% to its 200-day MA of $ 91.33.

IDEX Corporation’s (IEX) moved with shift of -0.33% in the past week. Over the last three months, the shares of the company have changed 3.73% and performed 8.48% over the last six months. The stock currently has Monthly Volatility of 1.51% and Weekly Volatility of 1.47%.

April 20, 2017 IDEX Corporation (IEX)  announced its financial results for the three month period ended March 31, 2017.

 

First Quarter 2017 Highlights

 

Orders were up 8 percent overall and 2 percent organically

Sales were up 10 percent overall and 5 percent organically

Operating margin was 20.9 percent with adjusted operating margin of 21.8 percent, up 120 basis points

Reported EPS was $0.99 with adjusted EPS of $1.03, up 14 cents, or 16 percent

Cash from operations of $85.0 million led to free cash flow of $74.8 million, up 21 percent

 

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