Associated Estates Stock Hits New 52-Week High (AEC)
Associated Estates Realty Corp (NYSE:AEC) hit a new 52-week high Wednesday as it changed hands at $16.04 compared with its previous 52-week high of $16.01. Associated Estates is currently trading at $16.03 with 4,530 shares changing hands as of 9:49 a.m..
NEW YORK ( TheStreet) -- Associated Estates Realty Corp (NYSE: AEC) hit a new 52-week high Wednesday as it traded at $16.04 compared with its previous 52-Week high of $16.01. Associated Estates is changing hands at $16.03 with 4,530 shares traded as of 9:49 a.m. ET. Average volume has been 350,300 shares over the past 30 days. Associated Estates has a market cap of $654.9 million and is part of the financial sector and real estate industry. Shares are up 3.9% year to date as of the close of trading on Tuesday. Engages in property acquisition, advisory, development, management, disposition, operation and ownership activities. As of Dec. 31, 2005, the company's portfolio consisted of a total of 111 properties in 11 states across the U.S. TheStreet Ratings rates Associated Estates as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that net income has been generally deteriorating over time. You can view the full Associated Estates Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.