Post Properties (PPS) Receiving Somewhat Critical Press Coverage, Report Shows
Press coverage about Post Properties (NYSE:PPS) has trended somewhat negative on Friday, according to AlphaOne. AlphaOne, a unit of Accern, rates the sentiment of news coverage by analyzing more than twenty million blog and news sources. AlphaOne 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 news impact score of -0.17 on AlphaOne’s scale. AlphaOne also assigned media stories about the real estate investment trust an impact score of 0 out of 100, indicating that recent news coverage is extremely unlikely to have an impact on the stock’s share price in the next several days.
Shares of Post Properties (NYSE:PPS) remained flat at $65.02 during trading on Friday. Post Properties has a 12 month low of $52.08 and a 12 month high of $69.39. The firm has a 50 day moving average price of $64.97 and a 200 day moving average price of $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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