Post Properties (PPS) Receiving Somewhat Favorable Media Coverage, Study Shows
News stories about Post Properties (NYSE:PPS) have been trending somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Post Properties earned a news impact score of 0.08 on Accern’s scale. Accern also gave news headlines about the real estate investment trust an impact score of 47.7501452188868 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of Post Properties (NYSE PPS) remained flat at $65.02 during midday trading on Friday. Post Properties has a 52-week low of $52.08 and a 52-week high of $69.39. The stock’s 50-day moving average is $64.97 and its 200-day moving average is $63.34.
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About Post Properties
Post Properties, Inc is a self-administrated and self-managed equity real estate investment trust (REIT). The Company’s segments include Fully stabilized (same store) communities, which includes apartment communities that have been stabilized for both the current and prior year; Newly stabilized communities, which includes communities that reached stabilized occupancy in the prior year; Lease-up communities, which includes communities that are under development, rehabilitation and in lease-up but were not stabilized by the beginning of the current year, including communities that stabilized during the current year; Acquired communities, which include communities acquired in the current or prior year, and Held for sale and sold communities, which include apartment and mixed-use communities classified as held for sale or sold.
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