Medical Properties Trust, Inc., Gaming and Leisure Properties, Inc., Jones Lang LaSalle Incorporated led the pack during yesterday's heightened trading volumes.
Here's an update with information from the last trading session: Leading equity indices in the US declined as Nasdaq slipped 0.35% and closed at 12,300. S&P 500 shed 0.16% and closed at 4,124.
Why trading volume matters?
Trading volume is simply the total number of shares traded including both buy and sell orders. If a stock has appreciated on high volume, it is more likely to be a sustained move compared to an appreciation with low volume. Typically, high volume trading sessions are considered significant occurrences and closely watched by traders.
Though trading was down yesterday, some real_estate stocks reached high volumes. Here is an update.
Medical Properties Trust | 331% higher than rolling average
With 41.40 million shares traded yesterday, Medical Properties Trust, Inc. beat its daily average by 331% to cap off a frenetic trading day.
The US healthcare REIT is now trading 35.65% below its 3-month high of $18.75. Medical Properties Trust's bearish run has lasted 6 days so far (-20 cents).
Medical Properties Trust discloses 29 cents per share dividend to be paid on Thursday, April 13th
Gaming and Leisure Properties | 267% higher than rolling average
Trading volume peaked at 2.51 million shares yesterday, thereby obliterating the daily average of 938,582 by 267%.
The casino REIT has fallen back around 9.85% from the significant high of $54.92 set 2 months ago. Having fallen $1.85 in 5 days,
Gaming and Leisure Properties discloses 97 cents per share dividend to be paid on Friday, March 24th
Jones Lang LaSalle | 141% above rolling average
Jones Lang LaSalle outpaced its average daily trading volume (469,630) with 663,359 shares traded yesterday.
Jones Lang LaSalle hit a significant low of $127.27 around 17 days ago, but has since recovered 7.49%. While Jones Lang LaSalle is on a 5 day uptrend
— Average trading volume refers to a 21-day rolling average.