Shares of Apartment Income REIT Corp. (NYSE:AIRC) traded at a new 52-week high today of $51.06. This new high was reached on below average trading volume as 203,000 shares traded hands, while the average 30-day volume is approximately 982,000 shares.
Potential upside of 126.8% exists for Apartment Income REIT Corp., based on a current level of $50.96 and analysts’ average consensus price target of $115.60.
Apartment Investment and Management Co. owns a portfolio of 99 apartment communities with almost 26,000 units. The company focuses on owning large, high-quality properties in the urban and suburban submarkets of Boston, Denver, Los Angeles, Miami, Philadelphia, San Diego, San Francisco, and Washington, D.C..
In the past 52 weeks, Apartment Income REIT Corp. share prices are bracketed by a low of $35.99 and a high of $51.06 and is now at $50.96, 42% above that low price.
Receive IBN Spotlights – “Bite Size” Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About InvestorBrandNetwork (IBN)
InvestorBrandNetwork (IBN) consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign.
For more information, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer