Essex Property Trust Inc. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains

Dow Jones
2024-11-08

DJ Essex Property Trust Inc. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Essex Property Trust Inc. $(ESS)$ inched 0.95% higher to $296.54 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.74% to 5,973.10 and the Dow Jones Industrial Average remaining mostly unchanged at 43,729.34.

This was the stock's fourth consecutive day of gains.

Essex Property Trust Inc. closed $21.19 short of its 52-week high ($317.73), which the company achieved on September 17th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Avalonbay Communities Inc. $(AVB)$ rose 1.38% to $228.04, Equity Residential $(EQR)$ rose 0.57% to $71.79, and UDR Inc. $(UDR)$ rose 0.62% to $43.54.

Trading volume (340,605) remained 60,098 below its 50-day average volume of 400,703.

Data source: Dow Jones Market Data, FactSet. Data compiled November 7, 2024.

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(END) Dow Jones Newswires

November 07, 2024 17:10 ET (22:10 GMT)

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