NEW YORK ( TheStreet) -- CubeSmart (NYSE: CUBE) hit a new 52-week low Monday as it is currently trading at $8.05, below its previous 52-week low of $8.06 with one million shares traded as of 4:02 p.m. ET. Average volume has been 1.1 million shares over the past 30 days.

CubeSmart has a market cap of $872.9 million and is part of the financial sector and real estate industry. Shares are down 10.5% year to date as of the close of trading on Friday.

U-Store-It Trust operates as a real estate investment trust (REIT). The company, together with its subsidiaries, engages in the ownership, operation, acquisition, and development of self-storage facilities in the United States.
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TheStreet Ratings rates CubeSmart as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full CubeSmart Ratings Report.

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