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) -- American Realty Capital Properties (Nasdaq: ARCP) hit a new 52-week high Monday as it is currently trading at $17.50, above its previous 52-week high of $17.47 with 1.4 million shares traded as of 1:40 p.m. ET. Average volume has been 3.5 million shares over the past 30 days. American has a market cap of $2.67 billion and is part of the financial sector and real estate industry. Shares are up 30.3% year to date as of the close of trading on Friday. American Realty Capital Properties, Inc. owns and acquires single tenant, freestanding commercial real estate that is net leased on a medium-term basis, primarily to investment grade credit rated and other creditworthy tenants. The company principally invests in retail and office properties.
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