CTT - CatchMark Timber Trust Inc. Class A: 52-Week High Recently Eclipsed (CTT)
Shares of CatchMark Timber Trust Inc. Class A (NYSE:CTT) traded today at $11.53, eclipsing its 52-week high. This new high was reached on below average trading volume as 72,000 shares traded hands, while the average 30-day volume is approximately 204,000 shares.
CatchMark Timber Trust Inc is a United States-based real estate investment trust. The company acquires, owns, operates, manages, and disposes of timberland properties. The company's operating segments are Harvest, Real Estate, and Investment Management. The majority of its revenue comes from the Harvest segment, which includes wholly-owned timber assets and associated timber sales.
Over the past year, CatchMark Timber Trust Inc. Class A has traded in a range of $6.42 to $11.53 and is now at $11.50, 79% above that low.
Based on a current price of $11.50, CatchMark Timber Trust Inc. Class A is currently 1.2% above its average consensus analyst price target of $11.36.
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