Street Highjack By Active Movers: Brixmor Property Group (NYSE:BRX), Western Digital (NASDAQ:WDC)

Brixmor Property Group Inc. (NYSE:BRX) [Trend Analysis] moved down reacts as active mover, shares a loss -0.08% to trade at $25.27 and the percentage gap between open changing to regular change was -0.43%. Brixmor Property Group Inc. (BRX) reported successful closing of one acquisition and three dispositions during the fourth quarter of 2016, consistent with its capital recycling strategy. On December 21, 2016, the Company acquired Felicita Town Center, a 127,000 square foot open-air shopping center located in Escondido, California, for $40.1 million.

Felicita Town Center is anchored by a newly expanded and highly productive Trader Joe’s, in addition to Major Market and Rite Aid, with total occupancy of 95% and small shop occupancy of 88%.  The firm past twelve months price to sales ratio was 5.97 and price to cash ratio remained 245.24. As far as the returns are concern, the return on equity was recorded as 8.30%, while its return on asset stayed at 2.50%. The firm has total debt to equity ratio measured as 2.03.

Western Digital Corporation (NASDAQ:WDC) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 0.55% to $70.94. Western Digital Corporation (WDC) reported that its fastest, high-capacity USB flash drive to date with the launch of its high-performance 256GB SanDisk Extreme PRO USB 3.1 Solid State Flash Drive. The new drive delivers the speed, capacity, and reliability of an SSD in the convenient form factor of a small USB flash drive, and is ideal for creative professionals, tech enthusiasts, or anyone who creates and shares massive files.

A game-changer in the USB storage category, the drive is capable of read speeds up to 420MB/s and write speeds up to 380MB/s1. With its unprecedented speeds, you can transfer full-length 4K movie to the drive in less than 15 seconds2. With its USB 3.1 interface, people can rapidly access and move files on the go, without having to worry about a cable. The new drive also features a sophisticated design with a durable aluminum metal casing and a retractable connector for ultimate style and reliability. The share price of WDC attracts active investors, as stock price of week’s volatility recorded 2.67%. The stock is going forward to its 52-week’s low with 108.37% and lagging behind from its 52-week’s high price with -1.62%.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

Leave a Reply

Your email address will not be published. Required fields are marked *