Circle Property Plc SMA 50
What is the SMA 50 of Circle Property Plc?
The SMA 50 of Circle Property Plc is GBX4 +12.50%
What is the definition of SMA 50?
SMA 50 is an average stock price from the last 50 days calculated as an unweighted mean of the previous 50 stock closing prices.
Simple moving average of 50 days for a stock is an unweighted moving average over the past 50 days. Moving averages will always exhibit a lag and the longer the period used for averaging the greater the lag will be. Because of the large amounts of data considered when calculating a long-term moving average, it takes a considerable amount of movement in the market to cause the moving average to change its course.
Using a moving average to confirm a trend in price is one of the most basic, yet effecting ways of using the indicator. Moving averages take into account what has already happened and a whole range of past events, which makes them such a good technical analysis tool for trend confirmations. Generally, a long-term moving average that is clearly on the upswing is a confirmation of a bullish trend. Conversely, a long-term moving average that is clearly on the downswing is a confirmation of a bearish trend.
SMA 50 of companies in the Real Estate sector on LSE compared to Circle Property Plc
What does Circle Property Plc do?
Circle is amongst the best performing quoted UK real estate companies by NAV total return (NAV growth and dividend) having delivered consistent returns with 87% NAV growth since IPO in 2016 in absolute terms. Circle focusses on acquiring assets in regional cities, many of which have significant office supply constraints, and on office assets with active management potential (refurbishment opportunities, under-rented or vacant properties or short leases), rather than just maximising initial rental yields. Circle is not a Real Estate Investment Trust (REIT) and can actively recycle proceeds from asset sales into its refurbishment and redevelopment pipeline, as well as future investment opportunities, therefore targeting a broader range of returns for shareholders, which are primarily driven by NAV growth. As well as already delivering substantial increases in NAV, the Company's portfolio has significant reversionary potential with current total estimated rental values of approximately £10.9 million per annum, compared to contracted rent of £8.2 million at 30 September 2019. The Company has a portfolio of 15 regional commercial property investment and development assets in the UK valued at £135.6 million as at 30 September 2019.
Companies with sma 50 similar to Circle Property Plc
- Haitong Securities Co has SMA 50 of HKD$3 +4.61%
- Avalon GloboCare has SMA 50 of $3 -564.58%
- Gran Colombia Gold has SMA 50 of CAD$3 -12.38%
- Vistagen Therapeutics has SMA 50 of $3 -10.95%
- Avalon GloboCare has SMA 50 of $3 -564.58%
- Alps Industries has SMA 50 of ₨3 +4.66%
- Circle Property Plc has SMA 50 of GBX4 +12.50%
- Banco Santander, S.A has SMA 50 of €4 +2.27%
- Aurizon has SMA 50 of AUD$4 -2.14%
- Time Interconnect Technology has SMA 50 of HKD$4 +1.58%
- Lithium Americas has SMA 50 of CAD$4 -10.55%
- Integra Resources has SMA 50 of $4 -133.67%
- Federal National Mortgage Association has SMA 50 of $4 -4.67%