Cedar Realty 7 25 Cumulative Redeemable Pref Shs Series B (NYSE:CDR.B) Stock Price Down 2% – Time to Sell?

Shares of Cedar Realty 7 25 Cumulative Redeemable Pref Shs Series B (NYSE:CDR.B) dropped 2% during mid-day trading on Friday . The stock traded as low as $20.00 and last traded at $20.00. Approximately 1,149 shares traded hands during trading, a decline of 27% from the average daily volume of 1,581 shares. The stock had previously closed at $20.40.

Cedar Realty 7 25 Cumulative Redeemable Pref Shs Series B Trading Down 2.0%

The stock has a 50-day simple moving average of $18.77 and a 200 day simple moving average of $17.99.