Liberty Property Reaches New 52-Week High (LRY)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Liberty Property (NYSE: LRY) hit a new 52-week high Tuesday as it is currently trading at $40.24, above its previous 52-week high of $40.21 with 144,665 shares traded as of 9:45 a.m. ET. Average volume has been 899,500 shares over the past 30 days.

Liberty Property has a market cap of $4.75 billion and is part of the financial sector and real estate industry. Shares are up 11.5% year to date as of the close of trading on Monday.

Liberty Property Trust is a publicly owned real estate investment holding trust. Through its subsidiary, it provides leasing, property management, development, acquisition, and other tenant-related services for a portfolio of industrial and office properties. The company has a P/E ratio of 37.5, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Liberty Property as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, revenue growth, reasonable valuation levels and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Liberty Property Ratings Report.

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