NEW YORK (
) -- Shares of
) have taken a tremendous swing upward. The stock is trading at $4.92 as of 12:40 p.m. ET, 21.4% above Tuesday's closing price of $4.05. Volume is at 234,548, 2.8 times the daily average of 84,900.
Thomas Properties Group has a market cap of $152.9 million and is part of the
industry. Shares are up 21.6% year to date as of the close of trading on Tuesday.
Thomas Properties Group, Inc. owns, acquires, develops, leases, and manages primarily office, as well as mixed-use and residential properties in the United States. The company has a P/E ratio of 25.6, equal to the average real estate industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Thomas Properties Group as a
. The company's strengths can be seen in multiple areas, such as its expanding profit margins, solid stock price performance and notable return on equity. However, as a counter to these strengths, we find that the company has not been very careful in the management of its balance sheet. You can view the full
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