Arbor Realty Trust's Shares Changing Hands at Higher Prices on 3.3x Above-Average Volume (ABR)

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Dec 12, 2012 (Unusual volume via COMTEX) -- Shares of Arbor Realty Trust are trading today in above average volume, with the share price rising 3.4% to $5.44. About 805,000 shares have been traded today, as compared to the 30-day average volume of 245,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

In the past 52 weeks, shares of Arbor Realty Trust have traded between a low of $3.20 and a high of $6.67 and are now at $5.44, which is 70% above that low price. The 200-day and 50-day moving averages have moved 0.15% higher and 1.2% lower over the past week, respectively.

Potential upside of 28.7% exists for Arbor Realty Trust, based on a current level of $5.44 and analysts' average consensus price target of $7.00. Arbor Realty Trust shares should first meet resistance at the 200-day moving average (MA) of $5.52 and find additional resistance at the 50-day MA of $5.54.

Arbor Realty Trust, Inc. is a specialized real estate finance company. The Company invests in real estate related bridge and mezzanine loans, preferred equity and, in limited cases, discounted mortgage notes and other real estate related assets.

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Copyright, Comtex News Network, Inc. 2012

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