NEW YORK (

TheStreet

) --

Alexandria Real Estate Equities

(NYSE:

ARE

) hit a new 52-week high Monday as it traded at $80.72 compared with its previous 52-Week high of $80.45. Alexandria Real Estate Equities is changing hands at $80.18 with 182,158 shares traded as of 2:05 p.m. ET. Average volume has been 416,100 shares over the past 30 days.

Alexandria Real Estate Equities has a market cap of $4.3 billion and is part of the

financial

sector and

real estate

industry. Shares are up 6.8% year to date as of the close of trading on Friday.

Alexandria Real Estate Equities, Inc., a real estate investment trust (REIT), engages in the ownership, operation, management, development, acquisition, and redevelopment of properties for the life sciences industry. The company has a P/E ratio of 35.2, above the average real estate industry P/E ratio of 35.1 and above the S&P 500 P/E ratio of 22.6.

TheStreet Ratings rates Alexandria Real Estate Equities as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. You can view the full

Alexandria Real Estate Equities Ratings Report

.

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