Whitestone REIT (NYSE:WSR) traded today at a new 52-week high of $13.52. This new high was reached on below average trading volume as 98,000 shares traded hands, while the average 30-day volume is approximately 789,000 shares.
In the past 52 weeks, shares of Whitestone REIT have traded between a low of $7.56 and a high of $13.52 and is now at $13.48, which is 78% above that low price.
Whitestone REIT (NYSE:WSR) is currently priced 50.7% above its average consensus analyst price target of $6.65.
Whitestone REIT is a real estate investment trust (REIT) engaged in owning and operating commercial properties in culturally diverse markets in major metropolitan areas. Its property portfolio includes retail and office/flex properties. The company’s properties are primarily located in business-friendly Phoenix, Austin, Dallas-Fort Worth, Houston and San Antonio. The organization derives revenue primarily in the form of rental revenues.
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