NEW YORK (
) hit a new 52-week high Thursday as it is currently trading at $47.42, above its previous 52-week high of $47.22 with 23,813 shares traded as of 9:35 a.m. ET. Average volume has been one million shares over the past 30 days.
American Campus has a market cap of $3.49 billion and is part of the
industry. Shares are up 11.4% year to date as of the close of trading on Wednesday.
American Campus Communities, Inc. is an independent equity real estate investment trust. The firm invests in the real estate markets of the United States. It primarily engages in developing, owning, and managing high-quality student housing communities. The company has a P/E ratio of 70.8, below the average real estate industry P/E ratio of 79.2 and above the S&P 500 P/E ratio of 17.7.
- ACTIVE STOCK TRADERS: Check out TheStreet's special offer for Real Money, headlined by Jim Cramer, now!
TheStreet Ratings rates American Campus as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, growth in earnings per share, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full
52-week high stocks
or get investment ideas from our