Alexandria Real Estate Equities Inc. (ARE) experienced unusually high volume on Dec. 21, as the stock lost 0.4% to a closing price of $90.50. The stock saw 607,522 shares trade hands over the course of the day on 4,200 trades. Given that the stock’s average daily volume over the last month has been 367,759 shares a day, this represents a pretty substantial spike over the norm.
Alexandria Real Estate Equities Inc. has a P/B ratio of 1.93. It also has a P/E ratio of 98.4. The stock has traded between $102.96 and $82.91 over the last 52-weeks, its 50-day SMA is now $90.59, and its 200-day SMA $90.69.
Alexandria Real Estate Equities Inc is a real estate investment trust. The Company engages in science-driven cluster formation through ownership, operation, management & selective redevelopment & development of properties in office/laboratory space.
Headquartered in Pasadena, CA, Alexandria Real Estate Equities Inc. has 243 employees and is currently under the leadership of CEO Joel S. Marcus.
For a complete fundamental analysis analysis of Alexandria Real Estate Equities Inc., check out Equities.com’s Stock Valuation Analysis report for ARE. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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