NEW YORK ( TheStreet) -- Home Properties (NYSE: HME) hit a new 52-week high Friday as it traded at $59.11 compared with its previous 52-Week high of $59. Home is changing hands at $59.11 with 14,838 shares traded as of 9:30 a.m. ET. Average volume has been 365,900 shares over the past 30 days. Home has a market cap of $2.2 billion and is part of the financial sector and real estate industry. Shares are up 6.2% year to date as of the close of trading on Thursday. Home Properties, Inc., a real estate investment trust (REIT), engages in the ownership, operation, acquisition, development, and rehabilitation of apartment communities in the United States. The company has a P/E ratio of 106.1, equal to the average real estate industry P/E ratio and above the S&P 500 P/E ratio of 16.4.
- Practice your HME trading strategies and win cash in our stock game.