NEW YORK (
SL Green Realty Corporation
) hit a new 52-week high Monday as it traded at $75.63 compared with its previous 52-Week high of $75.50. SL Green is changing hands at $75.29 with 448,377 shares traded as of 2:06 p.m. ET. Average volume has been 755,800 shares over the past 30 days.
SL Green has a market cap of $5.5 billion and is part of the
industry. Shares are up 8.2% year to date as of the close of trading on Friday.
SL Green Realty Corp. is a real estate investment trust (REIT). The firm engages in the property management, acquisitions, financing, development, construction, and leasing. It also provides tenant services to its clients. The firm invests in real estate markets of the United States. The company has a P/E ratio of 20.5, equal to the average real estate industry P/E ratio and below the S&P 500 P/E ratio of 22.6.
TheStreet Ratings rates SL Green 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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