Alexandria Real Estate Equities Rises On Unusually High Volume (ARE)

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) -- Alexandria Real Estate Equities (NYSE: ARE) is trading at unusually high volume Tuesday with 2.7 million shares changing hands. It is currently at 5.8 times its average daily volume and trading up $1.61 (+2.1%) at $77.24 as of 1:40 p.m. ET.

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Alexandria Real Estate Equities has a market cap of $4.81 billion and is part of the financial sector and real estate industry. Shares are up 8.8% year to date as of the close of trading on Monday.

Alexandria Real Estate Equities, Inc., a real estate investment trust (REIT), engages in the ownership, operation, management, development, acquisition, and redevelopment of properties for the life sciences industry. The company has a P/E ratio of 63.9, above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Alexandria Real Estate Equities as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels 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 deteriorating net income. You can view the full Alexandria Real Estate Equities Ratings Report.

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