NEW YORK (
) hit a new 52-week high Thursday as it is currently trading at $9.76, above its previous 52-week high of $9.75 with 136,251 shares traded as of 11:08 a.m. ET. Average volume has been 806,200 shares over the past 30 days.
Glimcher has a market cap of $955 million and is part of the
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.
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TheStreet Ratings rates Glimcher as a
. 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
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