Shares of Agree Realty Corporation (NYSE:ADC) traded today at $75.95, eclipsing its 52-week high. This new high was reached on below average trading volume as 62,000 shares traded hands, while the average 30-day volume is approximately 549,000 shares.
Agree Realty Corporation has overhead space with shares priced $75.26, or 6.2% below the average consensus analyst price target of $80.21.
In the past 52 weeks, Agree Realty Corporation share prices are bracketed by a low of $61.27 and a high of $75.95 and is now at $75.26, 23% above that low price.
Agree Realty Corporation operates as a fully integrated real estate investment trust primarily focused on the ownership, acquisition, development, and management of retail properties net leased to industry- leading tenants. Some of its properties in the portfolio include 24 Hour Fitness, 7-Eleven, Wawa, PetSmart, among others.
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