Eye Catching Stock: Prologis (NYSE:PLD)

Prologis (NYSE:PLD) stock observed trading -2.62% off 52-week high price. On the other end, the stock has been noted 48.54% away from low price over the last 52-weeks. The stock disclosed a move of 0.72% away from 50 day moving average and 12.68% away from 200 day moving average. Moving closer, we can see that shares have been trading 0.47% off 20-day moving average. It has market cap of $53085.89M and dividend yield of 2.59%.

 On Aug. 27, 2019, Prologis (NYSE:PLD) the global leader in logistics real estate, notified that Prologis, L.P. will redeem all of its 1.375% Notes due October 7, 2020 (CUSIP: 74340XBC4, the bonds), following which the bonds will be delisted from the New York Stock Exchange.  The estimated redemption price will be at a price equal to 103% of the principal amount of the bonds outstanding, which includes interest accrued to the redemption date for an aggregate payment of €1,034 per €1,000 in principal amount issued and outstanding as of the redemption date.  Interest on the principal amount shall cease to accrue on and after the redemption date, which is September 27, 2019.

ABOUT PROLOGIS

Prologis is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of June 30, 2019, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 786 million square feet (73 million square meters) in 19 countries. Prologis leases modern distribution facilities to a diverse base of approximately 5,100 customers principally across two major categories: business-to-business and retail/online fulfillment.

 The USA based company Prologis moved with change of -0.75% to $82.01 with the total traded volume of 2066096 shares in recent session versus to an average volume of 2233.91K. The stock was observed in the 5 days activity at -0.53%. The one month performance of stock was -0.75%. PLD’s shares are at 12.11% for the quarter and driving a 24.09% return over the course of the past year and is now at 39.66% since this point in 2018.  Right now the stock beta is 1.05. The average volatility for the week and month was at 2.05% and 2.19% respectively. There are 647.31M shares outstanding and 627.18M shares are floated in market.

John Gonzalez covers business and finance news. He is the only person we trust to provide breaking news in the finance category. Having already completed an Associates Degree in Psychology, John Gonzalez is now finishing his Bachelor’s degree in Communications. In preparation for working in the advertisement sector, John is writing financial content and analysis. On a daily basis, he works on articles regarding the following topics: business, top trends, technology, and politics.

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