Colony Capital Inc. (NYSE:CLNY) traded at a new 52-week high today of $6.19. This new high was reached on below average trading volume as 1.4 million shares traded hands, while the average 30-day volume is approximately 5.1 million shares.
Colony Capital Inc. (NYSE:CLNY) defies analysts with a current price ($6.10) 56.5% above its average consensus price target of $2.65.
Colony Capital Inc is a global real estate and investment-management firm. The company segments its operations into real estate equity, real estate debt, and investment management businesses. Colony Capital’s asset portfolio and total revenue generation are split primarily between its real estate equity and real estate debt divisions. The real estate equity unit generates revenue largely from its investments in light industrial and other real estate assets in the United States and Europe. The real estate debt group principally receives interest income from loans and debt securities that it either acquires or originates. These securities are mainly senior and subordinated commercial mortgage-backed securities collateralized by properties in America.
Colony Capital Inc. share prices have moved between a 52-week high of $6.19 and a 52-week low of $1.33 and are now trading 359% above that low price at $6.10 per share.
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