Rexford Industrial Realty Inc. (REXR) Soars 2.38% on January 15

Equities Staff  |

Rexford Industrial Realty Inc. (REXR) had a good day on the market for Friday January 15 as shares jumped 2.38% to close at $47.66. About 631,881 shares traded hands on 8,191 trades for the day, compared with an average daily volume of n/a shares out of a total float of 130.53 million. After opening the trading day at $46.61, shares of Rexford Industrial Realty Inc. stayed within a range of $47.72 to $46.34.

With today's gains, Rexford Industrial Realty Inc. now has a market cap of $6.22 billion. Shares of Rexford Industrial Realty Inc. have been trading within a range of $53.48 and $31.79 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Rexford Industrial Realty Inc is a real estate investment trust primarily engaged in the acquisition, ownership, and operation of industrial properties in Southern California. The company mainly focuses on leasing facilities in infill markets or relatively wealthy urban areas with a general scarcity of developable land. The vast majority of Rexford's real estate portfolio, in terms of square footage, revenue generation, and total value, comprises light manufacturing and distribution warehouse buildings located in Los Angeles and San Diego. The company's largest tenants are firms in the wholesale and retail, light manufacturing, industrial equipment, and food and beverage industries.

Rexford Industrial Realty Inc. is based out of Los Angeles, CA and has some 123 employees. Its CEO is Howard Schwimmer / Michael S. Frankel.

For a complete fundamental analysis of Rexford Industrial Realty Inc., check out’s Stock Valuation Analysis report for REXR.

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Rexford Industrial Realty 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 Rexford Industrial Realty Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: REXR’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’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.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:



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