Shares of InvenTrust Properties Corp. (NYSE:IVT) traded today at $30.66, eclipsing its 52-week high. Approximately 115,000 shares have changed hands today, as compared to an average 30-day volume of 364,000 shares.
InvenTrust Properties Corp is a US-based company qualified as a REIT (Real Estate Investment Trust). It owns, manages, acquires and develops a diversified portfolio of commercial real estate located across the United States. The company also owns properties in development and partially owns properties through joint ventures, as well as investments in marketable securities and other assets. The company focuses on investing in an open-air retail platform comprised of grocery-anchored centers and necessity-based power centers. InvenTrust operates through a single segment i.e. Investments in real estate properties.
Over the past year, InvenTrust Properties Corp. has traded in a range of $1.27 to $30.66 and is now at $30.65, 2,313% above that low.
InvenTrust Properties Corp. (NYSE:IVT) defies analysts with a current price ($30.65) 1.9% above its average consensus price target of $30.06.
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