NEW YORK ( TheStreet) -- Acadia Realty (NYSE: AKR) hit a new 52-week high Monday as it is currently trading at $22.41, above its previous 52-week high of $22.34 with 17,910 shares traded as of 10 a.m. ET. Average volume has been 288,100 shares over the past 30 days. Acadia has a market cap of $836.1 million and is part of the financial sector and real estate industry. Shares are up 10.6% year to date as of the close of trading on Friday. Acadia Realty Trust, a real estate investment trust (REIT), engages primarily in the ownership, acquisition, redevelopment, and management of retail properties in the United States. The company has a P/E ratio of 45.2, above the average real estate industry P/E ratio of 10.6 and above the S&P 500 P/E ratio of 17.7.
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