First Potomac Stock Hits New 52-Week Low (FPO)

NEW YORK ( TheStreet) -- First Potomac Realty (NYSE: FPO) hit a new 52-week low Thursday as it is currently trading at $11.30, below its previous 52-week low of $11.31 with 232,322 shares traded as of 11:10 a.m. ET. Average volume has been 397,600 shares over the past 30 days.

First Potomac has a market cap of $624.9 million and is part of the financial sector and real estate industry. Shares are down 8.4% year to date as of the close of trading on Wednesday.

First Potomac Realty Trust, a real estate investment trust (REIT), engages in the ownership, development, redevelopment, and operation of industrial properties and business parks in the Washington, D.C. metropolitan area, and other markets in Maryland and Virginia.

TheStreet Ratings rates First Potomac as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and a generally disappointing performance in the stock itself.

You can view the full First Potomac Ratings Report.

See all 52-week low stocks or get investment ideas from our investment research center.

null

More from Markets

3 Things to Know About the New Head of Amazon's Joint Stab at U.S. Healthcare

3 Things to Know About the New Head of Amazon's Joint Stab at U.S. Healthcare

Dow Rises as Index Looks to End Losing Streak; GE Slumps

Dow Rises as Index Looks to End Losing Streak; GE Slumps

"Strong Case for More Rate Hikes" Says Fed Chair Jerome Powell

"Strong Case for More Rate Hikes" Says Fed Chair Jerome Powell

Disney Tops Comcast Bid With Improved $71.3 Billion Approach for Fox

Disney Tops Comcast Bid With Improved $71.3 Billion Approach for Fox

5 Stocks That Are Screaming Buys Right Now

5 Stocks That Are Screaming Buys Right Now