AvalonBay Communities Inc. (NYSE:AVB) traded today at a new 52-week high of $228.19. So far today approximately 71,000 shares have been exchanged, as compared to an average 30-day volume of 831,000 shares.
In the past 52 weeks, AvalonBay Communities Inc. share prices are bracketed by a low of $131.38 and a high of $228.19 and is now at $228.08, 74% above that low price.
AvalonBay Communities owns a portfolio of 275 apartment communities with over 75,000 units and is developing 22 additional properties with over 7,500 units. The company focuses on owning large, high-quality properties in major metropolitan areas of New England, New York/New Jersey, Washington D.C., California, and the Pacific Northwest.
AvalonBay Communities Inc. (NYSE:AVB) has potential upside of 2.1% based on a current price of $228.08 and analysts’ consensus price target of $232.85.
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