TRC - Shares of Tejon Ranch Co (TRC) Exceed 52-Week High
Shares of Tejon Ranch Co (NYSE:TRC) traded at a new 52-week high today of $18.70. Approximately 89,000 shares have changed hands today, as compared to an average 30-day volume of 124,000 shares.
Tejon Ranch Co is a diversified real estate development and agribusiness company committed to responsibly using our land and resources to meet the housing, employment, and lifestyle needs of Californians and create value for our shareholders. It has five segments namely commercial/industrial real estate development, resort/residential real estate development, mineral resources, farming, and ranch operations. The company generates revenue from farming and mineral resources.
Over the past year, Tejon Ranch Co has traded in a range of $13.44 to $18.70 and is now at $18.56, 38% above that low.
Tejon Ranch Co (NYSE:TRC) is currently priced 28.0% above its average consensus analyst price target of $13.36.
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