NEW YORK (

TheStreet

) --

Glimcher Realty

(NYSE:

GRT

) is trading at unusually high volume Friday with 3.7 million shares changing hands. It is currently at 4.6 times its average daily volume and trading up 28 cents (+2.9%) at $10.19 as of 11:43 a.m. ET.

Glimcher has a market cap of $966 million and is part of the

financial

sector and

real estate

industry. Shares are up 17.9% year to date as of the close of trading on Thursday.

Glimcher Realty Trust operates as a real estate investment trust (REIT) in the United States. It owns, leases, acquires, develops, and operates a portfolio of retail properties, including regional and super regional malls, as well as community shopping centers.

TheStreet Ratings rates Glimcher as a

TheStreet Recommends

hold

. The company's strengths can be seen in multiple areas, such as its solid stock price performance and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally poor debt management and weak operating cash flow. You can view the full

Glimcher Ratings Report

.

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