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 $12.80, above its previous 52-week high of $12.76 with 205,403 shares traded as of 11:44 a.m. ET. Average volume has been 546,000 shares over the past 30 days.

First Industrial has a market cap of $1.11 billion and is part of the financial sector and real estate industry. Shares are up 22.2% 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 solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. 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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