Ares Commercial Real Estate Corporation (ACRE) Soars 2.07% on March 19

Market overview

consequences

Ares Commercial Real Estate Corporation is an Ares Commercial Real Estate Corp. is a specialty finance firm and real estate investment trust providing commercial real estate loans and related investments.

Last price
$ 14.29
Last trade

March 19 – 4:00 p.m.

change
$ 0.29
Percent change
2.07%
to open
$ 14.16
Back Close
$ 14.00
High
$ 14.52
low
$ 14.01
52 week high
$ 15.06
52 weeks low
$ 3.98
Market capitalization
478,398,348
PE ratio
1.01
volume
1,550,100
exchange
NEW

ACRE – Market Data & News

trade

Ares Commercial Real Estate Corporation (ACRE) had a good day in the market on Friday, March 19, when shares rose 2.07% to close at $ 14.29. On that day, approximately 1.42 million shares were traded on 7,666 trades, compared to an average daily volume of 100,000 shares with a total float of 33.48 million. After opening the trading day at $ 14.16, Ares Commercial Real Estate Corporation’s shares remained in a range of $ 14.52 to $ 14.01.

With today’s earnings, Ares Commercial Real Estate Corporation now has a market capitalization of $ 478.4 million. Ares Commercial Real Estate Corporation’s shares traded in a range of $ 15.06 to $ 2.78 last year, with a 50-day SMA of n / a and a 200-day SMA of n / a.

Ares Commercial Real Estate Corp is a specialty finance firm and real estate investment trust that provides commercial real estate loans and related investments. The company operates in one segment, namely creating and managing a diversified portfolio of CRE debt securities. The group records its sales from interest income from loans.

Ares Commercial Real Estate Corporation is based in New York, NY, and has approximately 1,450 employees. Its CEO is Bryan Patrick Donohoe.

For a complete fundamental analysis of Ares Commercial Real Estate Corporation, see Equities.com’s Stock Valuation Analysis report for ACRE.

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The Ares Commercial Real Estate Corporation is also part of the Russell 2000. The Russell 2000 is one of the leading indices for small-cap companies in the USA. Managed by Russell Investments, an industry leader in index creation and maintenance, it is made up of the smallest 2000 stocks from the broader Russell 3000 index.

Russell’s indices differ from traditional indices such as the Dow Jones Industrial Average (DJIA) or the S&P 500, whose members are selected by the committee because they base membership solely on an objective, rule-based methodology. The 3,000 largest companies by market capitalization make up the Russell 3000 and the 2,000 smaller companies make up the Russell 2000. This is a simple approach that offers a comprehensive, unbiased look at the small-cap market as a whole.

For more information about Ares Commercial Real Estate Corporation and to keep track of the latest updates from the company, please visit the company’s profile page here: ACRE’s Profile. For more news on the financial markets and emerging growth companies, visit the Equities.com news desk. Also, don’t forget to sign up for our daily email newsletter to make sure you don’t miss any of our best stories.

All data was provided by QuoteMedia and was correct as of 4:30 p.m. ET.

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