First Industrial Reaches New 52-Week High (FR)

NEW YORK ( TheStreet) -- First Industrial Realty (NYSE: FR) hit a new 52-week high Tuesday as it is currently trading at $12.70, above its previous 52-week high of $12.65 with 732,362 shares traded as of 11:55 a.m. ET. Average volume has been 602,700 shares over the past 30 days.

First Industrial has a market cap of $1.08 billion and is part of the financial sector and real estate industry. Shares are up 20.6% year to date as of the close of trading on Monday.

First Industrial Realty Trust, Inc. operates as a real estate investment trust. The company engages in the ownership, management, acquisition, sale, development, and redevelopment of industrial real estate properties.

TheStreet Ratings rates First Industrial as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full First Industrial Ratings Report.

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