Shares of Cedar Realty Trust Inc. (CDR) Rise to a New 52-Week High

June 30, 2022 10:29:10

Cedar Realty Trust Inc. (NYSE:CDR) traded at a new 52-week high today of $28.98. This new high was reached on below average trading volume as 100,000 shares traded hands, while the average 30-day volume is approximately 256,000 shares.

Cedar Realty Trust Inc. (NYSE:CDR) defies analysts with a current price ($28.71) 3.0% above its average consensus price target of $27.84.

Cedar Realty Trust Inc is a real estate investment trust that focuses on ownership, operation, and redevelopment of grocery-anchored shopping centers in high-density urban markets from Washington, D.C. to Boston. The company derives all of its revenues from rents and operating expense reimbursements received pursuant to long-term leases.

In the past 52 weeks, shares of Cedar Realty Trust Inc. have traded between a low of $15.13 and a high of $28.98 and is now at $28.71, which is 90% above that low price.

Receive IBN Spotlights – “Bite Size” Small, Mid and Large-Cap Technical Indicator Alerts

To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected

About IBN (InvestorBrandNetwork)

IBN consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and Code Editorial Syndication to 5,000+ broadcast outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign and the NEW normal.

For more information on IBN, please visit https://www.InvestorBrandNetwork.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer