InvenTrust Properties Corp. Looks to Continue to Trade Above its Annual-High Share Price Today

March 18, 2022 09:04:29

InvenTrust Properties Corp. (NYSE:IVT) traded today at a new 52-week high of $29.17. So far today approximately 113,000 shares have been exchanged, as compared to an average 30-day volume of 300,000 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.

In the past 52 weeks, shares of InvenTrust Properties Corp. have traded between a low of $1.27 and a high of $29.17 and is now at $28.86, which is 2,172% above that low price.

InvenTrust Properties Corp. (NYSE:IVT) is currently priced 0.3% above its average consensus analyst price target of $28.76.

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