Plymouth Industrial REIT Inc. (NYSE:PLYM) traded at a new 52-week high today of $21.40. This new high was reached on below average trading volume as 58,000 shares traded hands, while the average 30-day volume is approximately 304,000 shares.
Plymouth Industrial REIT Inc is a full-service, vertically integrated, self-administered, and self-managed Maryland corporation. It is focused on the acquisition, ownership, and management of single and multi-tenant Class B industrial properties, including distribution centers, warehouses, and light industrial properties, located in secondary and primary markets across the United States. The company has one reportable segment, which is industrial properties. The majority of its property portfolio is spread across Florida, Ohio, Indiana, Tennessee, Illinois, Georgia.
Plymouth Industrial REIT Inc. share prices have moved between a 52-week high of $21.40 and a 52-week low of $11.18 and are now trading 89% above that low price at $21.09 per share.
Potential upside of 16.1% exists for Plymouth Industrial REIT Inc., based on a current level of $21.09 and analysts’ average consensus price target of $24.49.
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