NEW YORK ( TheStreet) -- Ramco-Gershenson Properties (NYSE: RPT) hit a new 52-week low Friday as it is currently trading at $9.32, below its previous 52-week low of $9.33 with 176,563 shares traded as of 1:50 p.m. ET. Average volume has been 254,800 shares over the past 30 days. Ramco-Gershenson has a market cap of $371.3 million and is part of the financial sector and real estate industry. Shares are down 21.7% year to date as of the close of trading on Thursday. Ramco-Gershenson Properties Trust, through its subsidiaries, operates as a real estate investment trust (REIT) in the United States. It engages in the ownership, development, acquisition, management, and leasing of community shopping centers, regional malls, and single tenant retail properties.
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