Shares of Colony Capital Inc. (CLNY) Rise to a New 52-Week High

February 24, 2021 11:37:20

Colony Capital Inc. (NYSE:CLNY) traded today at a new 52-week high of $5.97. So far today approximately 1.1 million shares have been exchanged, as compared to an average 30-day volume of 4.7 million shares.

Colony Capital Inc. share prices have moved between a 52-week high of $5.97 and a 52-week low of $1.33 and are now trading 348% above that low price at $5.96 per share.

Colony Capital Inc is a global real estate and investment-management firm. The company segments its operations into real estate equity, real estate debt, and investment management businesses. Colony Capital’s asset portfolio and total revenue generation are split primarily between its real estate equity and real estate debt divisions. The real estate equity unit generates revenue largely from its investments in light industrial and other real estate assets in the United States and Europe. The real estate debt group principally receives interest income from loans and debt securities that it either acquires or originates. These securities are mainly senior and subordinated commercial mortgage-backed securities collateralized by properties in America.

Colony Capital Inc. (NYSE:CLNY) defies analysts with a current price ($5.96) 67.7% above its average consensus price target of $1.93.

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