Griffin Industrial Realty Inc. (GRIF) Moves Lower on Volume Spike for March 06

Equities Staff  |

Griffin Industrial Realty Inc. (GRIF) traded on unusually high volume on Mar. 06, as the stock lost 0.17% to close at $36.29. On the day, Griffin Industrial Realty Inc. saw 3,136 shares trade hands on 46 trades. Considering that the stock averages only a daily volume of 1,338 shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $37.45 and $27.71 over the last 52-weeks, its 50-day SMA is now $36.92, and its 200-day SMA $34.61. Griffin Industrial Realty Inc. has a P/B ratio of 1.95. It also has a P/E ratio of 39.9.

Griffin Industrial Realty Inc through its subsidiary operates a real estate business. The company is engaged in the development, management, and leasing of commercial and industrial properties. Its property includes Class A industrial, and others.

Headquartered in New York, NY, Griffin Industrial Realty Inc. has 32 employees and is currently under the leadership of CEO Michael S. Gamzon.

For a complete fundamental analysis analysis of Griffin Industrial Realty Inc., check out Equities.com’s Stock Valuation Analysis report for GRIF.

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To get more information on Griffin Industrial Realty Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: GRIF’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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