Somewhat Positive Media Coverage Somewhat Unlikely to Affect Post Properties (PPS) Share Price
Media headlines about Post Properties (NYSE:PPS) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Post Properties earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned news coverage about the real estate investment trust an impact score of 45.1270795910372 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of Post Properties (NYSE:PPS) remained flat at $65.02 during mid-day trading on Friday. Post Properties has a 52 week low of $52.08 and a 52 week high of $69.39. The firm’s 50-day moving average is $64.97 and its 200 day moving average is $63.34.
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About Post Properties
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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