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Shares of Apartment Investment and Management Company (NYSE:AIV) traded today at $8.57, eclipsing its 52-week high. Approximately 1.1 million shares have changed hands today, as compared to an average 30-day volume of 1.6 million shares.
Apartment Investment and Management Company (NYSE:AIV) is currently priced 76.8% above its average consensus analyst price target of $1.88.
In the past 52 weeks, Apartment Investment and Management Company share prices are bracketed by a low of $5.22 and a high of $8.57 and is now at $8.12, 56% above that low price.
Apartment Investment & Management Co is a self-managed real estate investment trust. It is focused on property development, redevelopment and various other value-creating investment strategies, targeting the U.S multifamily market. Its operating segments are Development and Redevelopment; Operating, and Other.
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