Retail Opportunity Investments Stock Hits New 52-Week High (ROIC)
Retail Opportunity Investments Corp (Nasdaq:ROIC) hit a new 52-week high Thursday as it changed hands at $11.24 compared with its previous 52-week high of $11.22. Retail Opportunity Investments is currently trading at $11.22 with 106,358 shares changing hands as of 11:57 a.m.
NEW YORK ( TheStreet) -- Retail Opportunity Investments Corp (Nasdaq: ROIC) hit a new 52-week high Thursday as it traded at $11.24 compared with its previous 52-Week high of $11.22. Retail Opportunity Investments is changing hands at $11.22 with 106,358 shares traded as of 11:57 a.m. ET. Average volume has been 286,200 shares over the past 30 days. Retail Opportunity Investments has a market cap of $462.7 million and is part of the financial sector and financial services industry. Shares are up 11.7% year to date as of the close of trading on Wednesday. Retail Opportunity Investments Corp. engages in investing in, acquiring, owning, and managing commercial real estate in the United States. Its portfolio of retail properties include community and neighborhood shopping centers anchored by national or regional supermarkets and drugstores. TheStreet Ratings rates Retail Opportunity Investments as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, increase in stock price during the past year and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Retail Opportunity Investments Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.