Alexander & Baldwin Inc. REIT Holding Company (ALEX) Soars 15.51% on November 09

equities

Alexander & Baldwin Inc. REIT Holding Company (ALEX) had a good day on the market for Monday November 09 as shares jumped 15.51% to close at $14.97. About 755,180 shares traded hands on 6,513 trades for the day, compared with an average daily volume of n/a shares out of a total float of 72.35 million. After opening the trading day at $14.10, shares of Alexander & Baldwin Inc. REIT Holding Company stayed within a range of $15.45 to $14.10.

With today’s gains, Alexander & Baldwin Inc. REIT Holding Company now has a market cap of $1.08 billion. Shares of Alexander & Baldwin Inc. REIT Holding Company have been trading within a range of $23.32 and $8.32 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Alexander & Baldwin Inc operates in the real estate sector. It functions through three segments namely Commercial Real Estate, Land Operations, and Construction. The Commercial Real Estate segment owns and manages retail, industrial and office properties in Hawaii and on the Mainland, thereby accounting for most of the company’s revenue. The Land Operations segment actively manages the company’s land and real estate-related assets and makes optimum utilization of these assets. The construction segment represents the company’s sale of asphalt and concrete. It also manages asphalt related construction services on a contract basis. Geographically, the activities are carried out across the United States.

Alexander & Baldwin Inc. REIT Holding Company is based out of Honolulu, HI and has some 793 employees. Its CEO is Christopher J. Benjamin.

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