It took 4 weeks, but Camden Property Trust (CPT) is back making all-time highs. During this time, the price fell to $144.59, where it marked the bottom between the earlier all-time high and the present one. On Thursday Camden Property Trust (CPT) stock closed at $152.10 slightly moving a -0.46%; new all-time highs are set at $153.94.
Since last March, Camden Property has been drawing an uptrend that so far marked an amazing 55.52%. During this uptrend, the price provided some buy points on the breakouts. Latest low was on September 28, when price bounced at $144.59. Like in all uptrends, price needs to rest and currently price is moving in a range between $153.19 and $144.59
Camden Property Trust, an S&P 400 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns interests in and operates 167 properties containing 56,850 apartment homes across the United States. Upon completion of 7 properties currently under development, the Company's portfolio will increase to 59,104 apartment homes in 174 properties.. The stock is part of the REIT—Residential industry in the Real Estate sector. The firm employs 1,700 people worldwide and it's based in Houston, United States. Its corporate website is http://www.camdenliving.com.