DCT Industrial Reaches New 52-Week High (DCT)

NEW YORK ( TheStreet) -- DCT Industrial (NYSE: DCT) hit a new 52-week high Friday as it is currently trading at $6.17, above its previous 52-week high of $6.16 with 1.1 million shares traded as of 11:35 a.m. ET. Average volume has been three million shares over the past 30 days.

DCT Industrial has a market cap of $1.48 billion and is part of the financial sector and real estate industry. Shares are up 11.3% year to date as of the close of trading on Thursday.

DCT Industrial Trust Inc. operates as a publicly owned real estate investment trust. The firm provides its services to companies. Through its fund, it engages in the ownership, operation, and development of real estate properties. The company has a P/E ratio of 14.9, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates DCT Industrial as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and revenue growth. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins. You can view the full DCT Industrial Ratings Report.

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