Alexander's Inc. (ALX) is Trading Lower on Unusual Volume for January 06

Equities Staff |

Alexander's Inc. (ALX) experienced unusually high volume on Jan. 06, as the stock lost 2.45% to a closing price of $361.93. The stock saw 16,002 shares trade hands over the course of the day on 176 trades. Given that the stock’s average daily volume over the last month has been 3,398 shares a day, this represents a pretty substantial spike over the norm.

Alexander's Inc. has a P/B ratio of 5.36. It also has a P/E ratio of 26.5. The stock has traded between $486.25 and $356.00 over the last 52-weeks, its 50-day SMA is now $390.27, and its 200-day SMA $396.63.

Alexander's Inc is a real estate investment trust engaged in leasing, managing, developing and redeveloping its properties. The Company is managed by, and its properties are leased and developed by, Vornado Realty Trust.

Headquartered in Paramus, NJ, Alexander's Inc. has 68 employees and is currently under the leadership of CEO Steven Roth.

For a complete fundamental analysis analysis of Alexander's Inc., check out Equities.com’s Stock Valuation Analysis report for ALX. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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