Kimco Realty Corp. (NYSE:KIM) traded today at a new 52-week high of $21.54. Approximately 1.5 million shares have changed hands today, as compared to an average 30-day volume of 3 million shares.
Kimco Realty Corp. (NYSE:KIM) is currently priced 23.4% above its average consensus analyst price target of $16.45. Kimco Realty Corp. shares have support at the 50-day moving average (MA) of $20.03 and additional support at the 200-day MA of $18.51.
Over the past year, Kimco Realty Corp. has traded in a range of $14.29 to $21.54 and is now at $21.49, 50% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.7%.
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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