Tejon Ranch Co. (TRC) Upgraded to Hold at TheStreet
Shares of Tejon Ranch (NYSE:TRC) traded down 6.14% on Friday, hitting $25.99. 40,491 shares of the company traded hands. The firm has a market capitalization of $540.31 million, a P/E ratio of 216.58 and a beta of 1.54. Tejon Ranch has a 1-year low of $16.85 and a 1-year high of $27.73. The firm’s 50-day moving average is $24.04 and its 200 day moving average is $24.02.
About Tejon Ranch
Tejon Ranch Co is a diversified real estate development and agribusiness company. The Company operates through five business segments: commercial/industrial real estate development; resort/residential real estate development; mineral resources; farming, and ranch operations. Its commercial/industrial real estate development segment is engaged in building, land lease activities, and land and building sales.
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