Watch for Continued Gains in Shares of VICI Properties Inc. (VICI)

June 7, 2021 10:27:43

Shares of VICI Properties Inc. (NYSE:VICI) traded at a new 52-week high today of $32.30. This new high was reached on below average trading volume as 639,000 shares traded hands, while the average 30-day volume is approximately 4.5 million shares.

In the past 52 weeks, shares of VICI Properties Inc. have traded between a low of $19.32 and a high of $32.30 and is now at $32.25, which is 67% above that low price.

VICI Properties Inc is real estate investment trust based in the US. It acts as an owner, acquirer, and developer of real estate assets across gaming, hospitality, entertainment and leisure destinations. The company’s operating segments are real property business and golf course business. The Real property business segment consists of leased real property whereas the Golf course business segment consists of several golf courses. Its golf courses include the Cascata golf course, the Rio Secco golf course, the Grand Bear golf course and the Chariot Run golf course.

VICI Properties Inc. (NYSE:VICI) is currently priced 25.7% above its average consensus analyst price target of $23.97.

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