CoreSite Reaches New 52-Week High (COR)

NEW YORK ( TheStreet) -- CoreSite Realty (NYSE: COR) hit a new 52-week high Thursday as it is currently trading at $25.26, above its previous 52-week high of $24.74 with 59,415 shares traded as of 10:03 a.m. ET. Average volume has been 196,600 shares over the past 30 days.

CoreSite has a market cap of $505 million and is part of the financial sector and real estate industry. Shares are up 36.3% year to date as of the close of trading on Wednesday.

CoreSite Realty Corporation engages in the ownership, acquisition, construction, and management of data centers.

TheStreet Ratings rates CoreSite as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full CoreSite Ratings Report.

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