Investors Real Estate Trust Sha (symbol: IRET) was one of the worst losers
of the trading day today (2016-04-27), losing -13.41%. The number of shares
that changed hands was 1,890,664, or about 4 times the average daily volume
in the stock.
The closing price was $6.07, amounting to a market cap of $743,120,000,
about -27.65% off the highest price in the last 12 months. The stock has
been trading at a range between $5.87 and $8.39.
IRET is in the Real Estate Investment Trusts industry, part of the Consumer
Services sector.
Looking at its valuation, the stock is now trading at 25.94 times earnings.
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