NEW YORK (
Forest City Enterprises Inc
) hit a new 52-week low Friday as it is currently trading at $10.77, below its previous 52-week low of $10.82 with 163,696 shares traded as of 10:30 a.m. ET. Average volume has been 1.3 million shares over the past 30 days.
Forest City Enterprises has a market cap of $1.6 billion and is part of the
industry. Shares are down 32.8% year to date as of the close of trading on Thursday.
Forest City Enterprises, Inc. engages in the ownership, development, management, and acquisition of commercial and residential real estate properties, and land in 27 states and the District of Columbia.
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TheStreet Ratings rates Forest City Enterprises as a
. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally weak debt management and generally disappointing historical performance in the stock itself. You can view the full
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