Shares of Colony Credit Real Estate Inc. Class A (NYSE:CLNC) traded at a new 52-week high today of $9.78. This new high was reached on below average trading volume as 161,000 shares traded hands, while the average 30-day volume is approximately 312,000 shares.
Colony Credit Real Estate Inc. Class A (NYSE:CLNC) defies analysts with a current price ($9.70) 3.3% above its average consensus price target of $9.38.
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.
In the past 52 weeks, Colony Credit Real Estate Inc. Class A share prices are bracketed by a low of $4.37 and a high of $9.78 and is now at $9.70, 122% above that low price.
Receive IBN Spotlights - "Bite Size" Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About InvestorBrandNetwork (IBN)
InvestorBrandNetwork (IBN) consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign.
For more information, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer