Independence Realty Trust Inc. (NYSE:IRT) traded today at a new 52-week high of $20.27. This new high was reached on below average trading volume as 75,000 shares traded hands, while the average 30-day volume is approximately 603,000 shares.
Independence Realty Trust Inc. share prices have moved between a 52-week high of $20.27 and a 52-week low of $10.40 and are now trading 94% above that low price at $20.14 per share.
Based on a current price of $20.14, Independence Realty Trust Inc. is currently 6.3% above its average consensus analyst price target of $18.86.
Independence Realty Trust Inc is a real estate investment trust (REIT) that owns and manages apartment communities primarily in the Southeast and Midwest of the United States. It owns and operates multifamily apartment properties, across non-gateway U.S markets, including Louisville, Memphis, Atlanta, and Raleigh. The company is focused on gaining scale within key amenity rich submarkets that offer school districts, retail, and employment centers.
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