Shares of IRSA Propiedades Comerciales S.A. (NASDAQ:IRCP) traded today at $3.15, eclipsing its 52-week high. So far today approximately 446,000 shares have been exchanged, as compared to an average 30-day volume of 889,000 shares.
Based on a current price of $2.80, IRSA Propiedades Comerciales S.A. is currently 48.9% above its average consensus analyst price target of $1.43.
In the past 52 weeks, shares of IRSA Propiedades Comerciales S.A. have traded between a low of $0.29 and a high of $3.15 and is now at $2.80, which is 855% above that low price.
IRSA Propiedades Comerciales SA is engaged in the ownership, lease, management, development, operation, and purchase of shopping centers. Its primarily owns, purchases, develops, leases, manages and operates shopping centers. Its business segments include Shopping Malls, Offices, Sales and Developments, and Others. The Shopping Malls segment is a key revenue driver, is engaged in the operation and development of shopping malls. Offices and Others segment consists of leasing of properties and other rental properties and services related to them. Its Sales and Development segment covers sales of undeveloped parcels of land and properties and activities relating to property maintenance.
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