In trading on Monday, shares of UDR Inc (Symbol: UDR) crossed below their 200 day moving average of $34.30, changing hands as low as $33.92 per share. UDR Inc shares are currently trading off about 2.6% on the day. The chart below shows the one year performance of UDR shares, versus its 200 day moving average:
Looking at the chart above, UDR's low point in its 52 week range is $30.03 per share, with $38.07 as the 52 week high point - that compares with a last trade of $34.09. According to the ETF Finder at ETF Channel, UDR makes up 3.95% of the iShares Residential Real Estate Capped ETF (Symbol: REZ) which is trading lower by about 2.7% on the day Monday.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.