Among the biggest risers on the S&P 500 on Tuesday March 30 was Simon Property Group Inc. ($SPG), popping some 1.39% to a price of $115.39 a share with
some 2.05 million shares trading hands.
Starting the day trading at $113.98, Simon Property Group Inc. reached an intraday high of $116.45 and hit intraday lows of $113.70. Shares gained $1.58 apiece by day’s end. Over the last 90
days, the stock’s average daily volume has been n/a of its 328.5 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day
SMA at $n/a with a 52-week range of $42.25 to $121.92.
Simon Property Group is the second-largest real estate investment trust in the United States. Its portfolio includes an interest in 207 properties: 106 traditional malls, 69 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), four lifestyle centers, and 14 other retail properties. Simon’s portfolio averaged $693 in sales per square foot over the past 12 months. The company also owns a 21% interest in Klepierre, a European retail company with investments in shopping centers in 16 countries, and joint venture interests in 29 premium outlets across 11 countries.
Simon Property Group Inc. has its corporate headquarters located in Indianapolis, IN and employs 3,300 people. Its market cap has now risen to $37.91 billion after today’s trading, its P/E
ratio is now n/a, its P/S n/a, P/B 12.65, and P/FCF n/a.
You can find a complete fundamental analysis of this stock at our For a complete fundamental analysis analysis of Simon Property Group Inc., check out Stock Valuation Analysis tool for SPG.
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The Dow Jones Industrial Average (DJIA) is the most visible stock index in the United States, but that doesn’t make it the best. In fact, the industry standard for market watchers and institutional
investors in gauging portfolio performance is the S&P 500.
The DJIA relies on just 30 stocks as a sample of large- and mega-cap firms, dwarfed by the 500 contained in the S&P 500, and it also weights its returns using an outdated and flawed price-weighting
method. The S&P 500’s weighting is based on market cap, making it a much better representation of actual market performance for large- and mega-cap stocks.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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