American Assets Stock Hits New 52-Week High (AAT)

NEW YORK ( TheStreet) -- American Assets (NYSE: AAT) hit a new 52-week high Thursday as it is currently trading at $23.71, above its previous 52-week high of $23.60 with 64,983 shares traded as of 2:05 p.m. ET. Average volume has been 154,200 shares over the past 30 days.

American Assets has a market cap of $911.4 million and is part of the financial sector and real estate industry. Shares are up 13.8% year to date as of the close of trading on Wednesday.

American Assets Trust, Inc. operates as a real estate investment trust in the United States. The company owns, operates, acquires, and develops retail, office, multifamily, and mixed-use properties primarily in southern California, northern California, and Hawaii.

TheStreet Ratings rates American Assets as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including poor profit margins and feeble growth in the company's earnings per share. You can view the full American Assets Ratings Report.

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