Colony Credit Real Estate Inc. Class A (NYSE:CLNC) traded today at a new 52-week high of $9.71. This new high was reached on below average trading volume as 58,000 shares traded hands, while the average 30-day volume is approximately 317,000 shares.
Over the past year, Colony Credit Real Estate Inc. Class A has traded in a range of $4.37 to $9.71 and is now at $9.70, 122% above that low.
Colony Credit Real Estate Inc is a Real estate investment trust. The company focused on originating, acquiring, financing and managing a diversified portfolio consisting primarily of CRE senior mortgage loans, mezzanine loans, preferred equity, debt securities and net leased properties predominantly in the United States. Its objective is to generate consistent and attractive risk-adjusted returns to stockholders.
Colony Credit Real Estate Inc. Class A (NYSE:CLNC) is currently priced 6.1% above its average consensus analyst price target of $9.11.
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