NEW YORK (
AMB Property Corporation
) hit a new 52-week high Friday as it traded at $36.48 compared with its previous 52-Week high of $36.47. AMB Property is changing hands at $36.44 with 289,566 shares traded as of 10:35 a.m. ET. Average volume has been 1.8 million shares over the past 30 days.
AMB Property has a market cap of $6 billion and is part of the
industry. Shares are up 13.4% year to date as of the close of trading on Thursday.
AMB Property Corporation engages in the acquisition, development, and operation of industrial properties in North America, Europe, and Asia.
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TheStreet Ratings rates AMB Property as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income and revenue growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full
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