Apollo Commercial Real Estate Finance Inc (ARI) Soars 2.96% on March 17

Equities Staff  |

Apollo Commercial Real Estate Finance Inc (ARI) had a good day on the market for Wednesday March 17 as shares jumped 2.96% to close at $14.97. About 759,817 shares traded hands on 6,441 trades for the day, compared with an average daily volume of n/a shares out of a total float of 139.85 million. After opening the trading day at $14.62, shares of Apollo Commercial Real Estate Finance Inc stayed within a range of $14.97 to $14.56.

With today's gains, Apollo Commercial Real Estate Finance Inc now has a market cap of $2.09 billion. Shares of Apollo Commercial Real Estate Finance Inc have been trading within a range of $14.77 and $4.12 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Apollo Commercial Real Estate Finance Inc is a real estate investment trust that primarily originates, invests in, acquires, and manages commercial first-mortgage loans, subordinate financings, commercial mortgage-backed securities, and other real estate-related debt investments. The subordinate loans and first-mortgage loans account for the vast majority of the portfolio on a cost basis. Property types include residential, retail, healthcare, office, mixed-use, hotel, industrial, multifamily, securities, and other, with residential properties and hotels representing the highest property value. More than a third of the properties are located in New York City, with the other properties located across other regions of the United States, as well as other countries.

Apollo Commercial Real Estate Finance Inc is based out of New York, NY and has some 0 employees. Its CEO is Stuart A. Rothstein.

For a complete fundamental analysis of Apollo Commercial Real Estate Finance Inc, check out Equities.com’s Stock Valuation Analysis report for ARI.

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Apollo Commercial Real Estate Finance Inc is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Apollo Commercial Real Estate Finance Inc and to follow the company’s latest updates, you can visit the company’s profile page here: ARI’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

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

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