Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Post Properties (PPS) Stock Price
Media stories about Post Properties (NYSE:PPS) have trended somewhat positive recently, Accern reports. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Post Properties earned a coverage optimism score of 0.06 on Accern’s scale. Accern also gave news coverage about the real estate investment trust an impact score of 46.0136868050088 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of Post Properties (NYSE PPS) remained flat at $65.02 on Friday. Post Properties has a 12 month low of $52.08 and a 12 month high of $69.39. The stock’s 50-day moving average price is $64.97 and its 200-day moving average price is $63.34.
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Post Properties Company Profile
Post Properties, Inc is a self-administrated and self-managed equity real estate investment trust (REIT). The Company’s segments include Fully stabilized (same store) communities, which includes apartment communities that have been stabilized for both the current and prior year; Newly stabilized communities, which includes communities that reached stabilized occupancy in the prior year; Lease-up communities, which includes communities that are under development, rehabilitation and in lease-up but were not stabilized by the beginning of the current year, including communities that stabilized during the current year; Acquired communities, which include communities acquired in the current or prior year, and Held for sale and sold communities, which include apartment and mixed-use communities classified as held for sale or sold.
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