Thursday, October 26, 2017 11:55:40 AM
This morning, leading self storage real estate investment trust (REIT), Public Storage (NYSE:PSA), is declining sharply lower after reporting earnings. It is reported that Public Storage missed revenue expectations and this is likely the reason for the decline in the stock price. Traders and investors must now expect more weakness in the coming weeks as the stock now trades below its 50 and 200-day moving averages. Traders should note that the next major support level for PSA stock will be around the $185.00 level. This important area is where the stock broke out in July 2015. Often, prior breakout levels will be defended when retested.
Nicholas Santiago
InTheMoneyStocks
Recent PSA News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/10/2024 12:06:50 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/08/2024 10:59:21 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/08/2024 10:54:26 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/08/2024 10:52:24 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/08/2024 08:06:25 PM
- Public Storage Declares Second Quarter 2024 Dividends • Business Wire • 05/08/2024 08:05:00 PM
- Public Storage Reports Results for the Three Months Ended March 31, 2024 • Business Wire • 04/30/2024 08:05:00 PM
- Public Storage Prices Public Offering of Senior Notes • Business Wire • 04/09/2024 09:47:00 PM
- Public Storage to Release First Quarter 2024 Earnings Results and Host Quarterly Conference Call • Business Wire • 04/04/2024 08:05:00 PM
- Public Storage Declares First Quarter 2024 Dividends • Business Wire • 02/23/2024 09:05:00 PM
- Public Storage Reports Results for the Fourth Quarter and Year Ended December 31, 2023 • Business Wire • 02/20/2024 09:45:00 PM
- Public Storage to Release Fourth Quarter 2023 Earnings Results and Host Quarterly Conference Call • Business Wire • 01/31/2024 09:05:00 PM
- Public Storage Announces Tax Treatment of 2023 Dividends • Business Wire • 01/17/2024 09:05:00 PM
- Public Storage Declares Fourth Quarter 2023 Dividends • Business Wire • 11/08/2023 09:05:00 PM
- Public Storage 3Q Revenue Rises on Higher Rents • Dow Jones News • 10/30/2023 09:04:00 PM
- Public Storage Reports Results for the Three and Nine Months Ended September 30, 2023 • Business Wire • 10/30/2023 08:05:00 PM
- Monday’s Wall Street Highlights: HSBC, Ford, Coherus BioSciences, Intuitive Machines, and more • IH Market News • 10/30/2023 10:37:27 AM
- Public Storage Recognized as the U.S. Self-Storage Sustainability Leader on the GRESB Benchmark • Business Wire • 10/17/2023 08:05:00 PM
- Public Storage to Release Third Quarter 2023 Earnings Results and Host Quarterly Conference Call • Business Wire • 10/05/2023 08:05:00 PM
- Keep An Eye Out: Pre-Market Movers And Recommendations • IH Market News • 09/27/2023 12:47:32 PM
- Public Storage Announces Closing of Simply Self Storage Acquisition • Business Wire • 09/13/2023 08:05:00 PM
- Public Storage Launches Savvy Insurance to Serve the Self-Storage Industry • Business Wire • 09/05/2023 08:05:00 PM
- WillScot Mobile Mini Announces Appointment of Natalia Johnson to Board of Directors • GlobeNewswire Inc. • 08/09/2023 08:01:00 PM
- Public Storage Reports Results for the Three and Six Months Ended June 30, 2023 • Business Wire • 08/02/2023 08:06:00 PM
- Public Storage and Solar Landscape Announce Multistate Community Solar Portfolio • Business Wire • 08/01/2023 08:05:00 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM