Retail Opportunity Investments Reaches New 52-Week High (ROIC)

NEW YORK (TheStreet) -- Retail Opportunity Investments (Nasdaq:ROIC) hit a new 52-week high Monday as it is currently trading at $12.53, above its previous 52-week high of $12.52 with 21,570 shares traded as of 9:45 a.m. ET. Average volume has been 310,600 shares over the past 30 days.

Retail Opportunity Investments has a market cap of $614.8 million and is part of the financial sector and real estate industry. Shares are up 5.6% year to date as of the close of trading on Friday.

Retail Opportunity Investments Corp., a real estate investment trust (REIT), engages in the acquisition, ownership, and management of necessity-based community and neighborhood shopping centers in the eastern and western regions of the United States. The company has a P/E ratio of 123.8, above the average real estate industry P/E ratio of 53.8 and above the S&P 500 P/E ratio of 17.7.

• Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

TheStreet Ratings rates Retail Opportunity Investments as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Retail Opportunity Investments Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

For more information on Retail Opportunity Investments Corp. click any of the following:

• Retail Opportunity Investments Corp. Stock Price

• Retail Opportunity Investments Corp. Analyst Ratings

• Retail Opportunity Investments Corp. Key Stats & Profile

• Retail Opportunity Investments Corp. Earnings

• Retail Opportunity Investments Corp. Ratio Comparison

• Retail Opportunity Investments Corp. Growth Rates

• Retail Opportunity Investments Corp. Balance Sheet

• Retail Opportunity Investments Corp. Cash Flow

• Retail Opportunity Investments Corp. Income Statement