Shares of Qualified Teacher Status (QTS) China Realty Trust Inc. Class A (QTS) broke into a new 52-week high yesterday, hitting a peak of $52.90. Shares closed at $52.67 after opening at $51.65 for a move of 2.55%. The company now has a market cap of $2.92 billion.
Investors and traders can learn a lot about a stock’s momentum when it sets a new 52-week high. As an example, bullish investors view a company hitting its highest price in a year as a sign of momentum and may interpret it as a signal to buy. On the other hand, bearish investors could view a new 52-week high as a signal of the end of a strong run, with the stock possibly peaking out before an impending period of decline.
For QTS Realty Trust Inc. Class A, the new 52-week high came on volume of 639,141. The stock has a float of 55.43 million shares and average daily volume of $n/a. It has a 50-day SMA of $n/a and a 200-day SMA of $n/a.
For a complete fundamental analysis analysis of QTS Realty Trust Inc. Class A, check out Equities.com’s Stock Valuation Analysis report for QTS.QTS Realty Trust Inc is a real estate investment trust involved in the ownership and management of data centers located throughout the United States. The company provides data center solutions and cloud-managed services to customers through its facilities. QTS’ Customer Data Center and Colocation Services business lines, cumulatively, contribute the majority of its total revenue. In each of these, QTS provides its tenants with the services and rental space necessary to house, power, and cool their networking equipment and computer systems. Most of the company’s real estate portfolio is located in the Richmond, Dallas-Fort Worth, and Northeastern Georgia regions in terms of total square footage and rental revenue. Companies in the technology industry represent QTS’ largest source of income.
QTS Realty Trust Inc. Class A is based out of Overland Park, KS and has some 606 employees. Its CEO is Chad L. Williams.
QTS Realty Trust Inc. Class A is also a component of the Russell 2000 Index, which is an invaluable tool for any small-cap investor. Consisting of the smaller 2,000 publicly traded companies of the 3,000 largest companies in America by market cap (which combine to make the broader Russell 3000 index), the Russell 2000 gives the most comprehensive snapshot of the small-cap market of any index out there.
What’s more, the Russell 2000 is maintained by Russell Investments, a company committed to using rules-based methodologies to construct unbiased indices that differ from the committee-selected Dow Jones Industrial Average or S&P 500.
| By | buzai232 |
| Added | Oct 11 '19, 01:23AM |
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