Shares of Acadia Realty Trust (NYSE:AKR) traded at a new 52-week high today of $21.27. Approximately 135,000 shares have changed hands today, as compared to an average 30-day volume of 927,000 shares.
Acadia Realty Trust (NYSE:AKR) has potential upside of 0.7% based on a current price of $21.02 and analysts’ consensus price target of $21.16.
Acadia Realty Trust share prices have moved between a 52-week high of $21.27 and a 52-week low of $9.10 and are now trading 131% above that low price at $21.02 per share.
Acadia Realty Trust is a real estate investment trust which specializes in the operation, management, leasing, renovation, and acquisition of shopping centers and mixed-use properties with retail components. The company’s portfolios are located primarily in metropolitan areas of the United States. The company operates through three segments: core portfolio, which includes the properties of the trust and generates the majority of total revenue; funds, which comprises the funds launched by the trust; and structured financing, which consists of notes receivable and related interest income.
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