General Growth Stock Hits New 52-Week Low (GGP)

NEW YORK ( TheStreet) -- General Growth Properties Inc (NYSE: GGP) hit a new 52-week low Monday as it is currently trading at $11.58, below its previous 52-week low of $11.64 with 2.5 million shares traded as of 1:20 p.m. ET. Average volume has been 4.9 million shares over the past 30 days.

General Growth has a market cap of $11.9 billion and is part of the financial sector and real estate industry. Shares are down 21.8% year to date as of the close of trading on Friday.

General Growth Properties, Inc. operates as a real estate investment trust in the United States. It operates in two segments, Retail and Other, and Master Planned Communities.
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TheStreet Ratings rates General Growth as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth and notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and poor profit margins. You can view the full General Growth Ratings Report.

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