If history is any guide, there may be trouble ahead for shares of Camden Prop Trust (NYSE:CPT). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.
Camden Property Trust (NYSE: CPT) today announced it has priced a public offering of 2,900,000 common shares for gross proceeds of approximately $493 million. The offering is expected to close on April 12, 2022, subject to customary closing conditions.
Camden Prop Trust (NYSE:CPT) reported quarterly earnings of $1.51 per share. This is a 24.79 percent increase over earnings of $1.21 per share from the same period last year. The company reported quarterly sales of