Equity Commonwealth (NYSE:EQC) Reaches New 12-Month High at $34.52
Equity Commonwealth (NYSE:EQC) shares hit a new 52-week high on Tuesday . The stock traded as high as $34.52 and last traded at $34.33, with a volume of 472638 shares traded. The stock had previously closed at $34.19.
A number of research firms recently commented on EQC. Zacks Investment Research raised shares of Equity Commonwealth from a “hold” rating to a “strong-buy” rating and set a $37.00 target price for the company in a research report on Tuesday, July 23rd. TheStreet raised shares of Equity Commonwealth from a “c+” rating to a “b” rating in a research report on Tuesday, April 30th.
The stock’s 50-day moving average is $33.22. The company has a debt-to-equity ratio of 0.01, a quick ratio of 86.78 and a current ratio of 86.78. The stock has a market capitalization of $4.11 billion, a P/E ratio of 49.43 and a beta of 0.25.
About Equity Commonwealth (NYSE:EQC)
Equity Commonwealth (NYSE: EQC) is a Chicago based, internally managed and self-advised real estate investment trust (REIT) with commercial office properties in the United States. As of December 31, 2018, EQC's portfolio comprised 10 properties and 5.1 million square feet.
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