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CreXus Investment Has Returned 16.2% Since SmarTrend Recommendation (CXS)
Nov 13, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for CreXus Investment (NYSE:CXS) on September 14th, 2012 at $10.68. In approximately 2 months, CreXus Investment has returned 16.20% as of today's recent price of $12.41.
In the past 52 weeks, CreXus Investment share prices have been bracketed by a low of $9.06 and a high of $12.67 and are now at $12.41, 37% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has remained constant.
CreXus Investment Corp. is a specialty finance company. The Company acquires, manages, and finances, directly or through our subsidiaries, commercial mortgage loans and other commercial real estate debt, commercial mortgage-backed securities, or CMBS, and other commercial real estate-related assets.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of CreXus Investment shares.Log in and add CreXus Investment (CXS) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
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