DJ Essex Property Trust Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Essex Property Trust Inc. $(ESS)$ inched 0.85% higher to $257.67 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.13% to 5,187.70 and the Dow Jones Industrial Average rising 0.08% to 38,884.26.
This was the stock's fourth consecutive day of gains.
Essex Property Trust Inc. hit a new 52-week high, surpassing its previous peak of $255.66, which the company reached on May 6th.
The stock outperformed some of its competitors Tuesday, as Avalonbay Communities Inc. $(AVB)$ rose 0.36% to $195.89, Equity Residential $(EQR)$ fell 0.03% to $66.70, and UDR Inc. $(UDR)$ rose 0.21% to $38.97.
Trading volume (304,353) remained 73,116 below its 50-day average volume of 377,469.
Data source: Dow Jones Market Data, FactSet. Data compiled May 7, 2024.
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(END) Dow Jones Newswires
May 07, 2024 17:14 ET (21:14 GMT)
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