First Potomac Realty Trust (NYSE:FPO) has been upgraded from Neutral to Buy in a statement by Suntrust Robinson earlier today.
- Updated: September 16, 2016
Just yesterday First Potomac Realty Trust (NYSE:FPO) traded 0.22% lower at $9.35. First Potomac Realty Trust’s 50-day moving average is $9.81 and its 200-day average is $9.22. The last stock price is up 2.50% relative to the two hundred day moving average, compared with the S&P 500 Index which has decreased -0.01% over the same period. 200,587 shares of the stock traded hands, down from ann average trading volume of 216,762.
Suntrust Robinson has upgraded First Potomac Realty Trust(NYSE:FPO) from Neutral to Buy in a statement released Friday September 16 2016.
Recent Performance Chart:
With a market cap of $0.0, First Potomac Realty Trust has a P/E of 0 with a 52 week low of $7.90 and a 52 week high of $12.11.
More About First Potomac Realty Trust (NYSE:FPO)
First Potomac Realty Trust is engaged in the ownership, management, development and redevelopment of office and business park properties in the greater Washington, D.C. region. The Company’s segments include Washington, D.C., Maryland, Northern Virginia and Southern Virginia. It conducts its business through First Potomac Realty Investment Limited Partnership, the Company’s operating partnership (the Operating Partnership). The Company is the sole general partner of, and owns the preferred interest and approximately 95.7% of the common interest in the Operating Partnership. The Company’s portfolio consist a mix of single-tenant and multi-tenant office properties and business parks. The office properties are single-story and multi-story buildings that are primarily for office uses, and and business parks consists of buildings with office features combined with some industrial property space. It also owns land that can support approximately 1.3 million square feet of additional development.
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