NEW YORK ( TheStreet) -- BRE Properties (NYSE: BRE) hit a new 52-week low Monday as it is currently trading at $40.91, below its previous 52-week low of $41.01 with 303,708 shares traded as of 12:55 p.m. ET. Average volume has been 873,500 shares over the past 30 days.

BRE has a market cap of $3.2 billion and is part of the financial sector and real estate industry. Shares are down 2.7% year to date as of the close of trading on Friday.

BRE Properties Inc., a real estate investment trust (REIT), engages in the development, acquisition, and management of multifamily apartment communities in the western United States. The company has a P/E ratio of 1072.8, above the average real estate industry P/E ratio of 81 and above the S&P 500 P/E ratio of 17.7.
  • Practice your BRE trading strategies and win cash in our stock game.

TheStreet Ratings rates BRE as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, disappointing return on equity and poor profit margins. You can view the full BRE Ratings Report.

See all 52-week low stocks or get investment ideas from our investment research center.
null