NEW YORK (

TheStreet

) --

UDR

(NYSE:

UDR

) hit a new 52-week high Monday as it traded at $24.35 compared with its previous 52-Week high of $24.32. UDR is changing hands at $24.35 with 1.1 million shares traded as of 2:22 p.m. ET. Average volume has been 1.6 million shares over the past 30 days.

UDR has a market cap of $4.3 billion and is part of the

financial

sector and

real estate

industry. Shares are up 1.2% year to date as of the close of trading on Friday.

UDR, Inc. formerly United Dominion Realty Trust, Inc., operates as a self-administered equity real estate investment trust (REIT). It owns, acquires, renovates, develops, and manages middle-market apartment communities.

TheStreet Ratings rates UDR as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and disappointing return on equity. You can view the full

UDR Ratings Report

.

See all

52-week high stocks

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.

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