ALEX - Alexander & Baldwin Inc.: The Winning Streak Continues (ALEX)
Shares of Alexander & Baldwin Inc. (NYSE:ALEX) traded today at $24.08, eclipsing its 52-week high. Approximately 67,000 shares have changed hands today, as compared to an average 30-day volume of 545,000 shares.
Over the past year, Alexander & Baldwin Inc. has traded in a range of $10.84 to $24.08 and is now at $23.84, 120% above that low.
Alexander & Baldwin Inc. (NYSE:ALEX) is currently priced 79.1% above its average consensus analyst price target of $4.99.
Alexander & Baldwin Inc operates in the real estate sector. It functions through three segments namely Commercial Real Estate, Land Operations, and Construction. The Commercial Real Estate segment owns and manages retail, industrial and office properties in Hawaii and on the Mainland, thereby accounting for most of the company's revenue. The Land Operations segment actively manages the company's land and real estate-related assets and makes optimum utilization of these assets. The construction segment represents the company's sale of asphalt and concrete. It also manages asphalt related construction services on a contract basis. Geographically, the activities are carried out across the United States.
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