Mauriello

SPG - Simon Property Group Technical and Fundamental Analysis

Long
NYSE:SPG   Simon Property Group, Inc.
Wait the right signal to go long based on Technical and Fundamental Analysis

Simon Property Group says it plans to have roughly 50% of its malls and outlet centers reopened again within the next week
As of Monday, the company said it has reopened 77 of its properties in the U.S., where local lockdown restrictions have been eased. It said a dozen of its premium outlets have reopened.

As of March 31, the real estate owner had roughly $8.7 billion of liquidity, consisting of $4.1 billion of cash on hand and $4.6 billion of available capacity under its revolving credit facilities and term loan.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.