Shares of Apartment Income REIT Corp. (NYSE:AIRC) traded at a new 52-week high today of $51.99. Approximately 73,000 shares have changed hands today, as compared to an average 30-day volume of 975,000 shares.
Apartment Income REIT Corp. has overhead space with shares priced $51.80, or 58.3% below the average consensus analyst price target of $124.27.
Apartment Income REIT Corp. share prices have moved between a 52-week high of $51.99 and a 52-week low of $35.99 and are now trading 44% above that low price at $51.80 per share.
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..
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