NexPoint Residential Trust Shares Slide Below Key Average

Stock Performance Overview

In trading on Monday, NexPoint Residential Trust Inc (Symbol: NXRT) saw its shares dip below the critical 200-day moving average, which currently stands at $40.67. At one point, shares were priced as low as $39.88, resulting in a daily decline of approximately 4.1%. The accompanying chart illustrates NXRT’s one-year performance in relation to its 200-day moving average:

Over the past year, NXRT reached a low of $28.20 per share and peaked at $48.37. Currently, the last trade price reflects $39.79.

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