NEW YORK ( TheStreet) -- Duke Realty (NYSE: DRE) hit a new 52-week low Monday as it is currently trading at $9.77, below its previous 52-week low of $9.82 with 1.8 million shares traded as of 1:35 p.m. ET. Average volume has been 3.2 million shares over the past 30 days. Duke has a market cap of $2.7 billion and is part of the financial sector and real estate industry. Shares are down 15.7% year to date as of the close of trading on Friday. Duke Realty Corporation operates as a real estate investment trust (REIT) in the United States. It offers leasing, property and asset management, development, construction, build-to-suit, and other tenant-related services. The company has a P/E ratio of 98.7, above the average real estate industry P/E ratio of 45.3 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Duke as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, poor profit margins and weak operating cash flow. You can view the full Duke Ratings Report. See all 52-week low stocks or get investment ideas from our investment research center.