AHH - Armada Hoffler Properties Inc.: The Winning Streak Continues (AHH)
Armada Hoffler Properties Inc. (NYSE:AHH) traded at a new 52-week high today of $14.84. This new high was reached on below average trading volume as 83,000 shares traded hands, while the average 30-day volume is approximately 216,000 shares.
Armada Hoffler Properties Inc is a real estate company. It engages in developing, building, owning and managing the institutional-grade office, retail and multifamily properties in various markets throughout the Mid-Atlantic and Southeastern United States. The company's operating segment includes office real estate, retail real estate, multifamily residential real estate, and general contracting and real estate services. It generates maximum revenue from the general contracting and real estate services segment.
In the past 52 weeks, shares of Armada Hoffler Properties Inc. have traded between a low of $8.59 and a high of $14.84 and is now at $14.77, which is 72% above that low price.
Potential upside of 50.8% exists for Armada Hoffler Properties Inc., based on a current level of $14.77 and analysts' average consensus price target of $22.27.
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