Shares of Kimco Realty Corp. (NYSE:KIM) traded at a new 52-week high today of $21.30. Approximately 81,000 shares have changed hands today, as compared to an average 30-day volume of 3.7 million shares.
In the past 52 weeks, shares of Kimco Realty Corp. have traded between a low of $14.29 and a high of $21.30 and is now at $21.24, which is 49% above that low price. The 200-day and 50-day moving averages have moved 0.50% higher and 0.54% higher over the past week, respectively.
Kimco Realty Corp. (NYSE:KIM) is currently priced 22.5% above its average consensus analyst price target of $16.45. Kimco Realty Corp. shares have support at the 50-day moving average (MA) of $19.74 and additional support at the 200-day MA of $18.35.
Kimco Realty Corporation is a real estate investment trust (REIT). The Company owns and operates open-air shopping centers with multiple locations in the United States and Puerto Rico. Kimco Realty owns properties which are usually anchored by a supermarket and big box store that sells day-to-day necessities.
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