Griffin Industrial Realty Inc (NASDAQ:GRIF) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 18,200 shares, a growth of 21.3% from the September 30th total of 15,000 shares. Currently, 0.7% of the shares of the stock are short sold. Based on an average daily volume of 10,700 shares, the short-interest ratio is currently 1.7 days.
Shares of NASDAQ GRIF traded down $0.41 during mid-day trading on Friday, reaching $38.30. The company had a trading volume of 800 shares, compared to its average volume of 4,777. The business’s 50-day simple moving average is $38.16 and its 200 day simple moving average is $37.38. The firm has a market cap of $198.49 million, a price-to-earnings ratio of 33.44 and a beta of 0.77. Griffin Industrial Realty has a one year low of $27.98 and a one year high of $41.00.
Griffin Industrial Realty (NASDAQ:GRIF) last posted its quarterly earnings data on Wednesday, October 9th. The financial services provider reported $0.20 EPS for the quarter. The company had revenue of $8.90 million for the quarter. Griffin Industrial Realty had a return on equity of 6.33% and a net margin of 13.99%.
GRIF has been the topic of a number of recent analyst reports. TheStreet upgraded Griffin Industrial Realty from a “c” rating to a “b-” rating in a research report on Wednesday, August 14th. ValuEngine cut Griffin Industrial Realty from a “buy” rating to a “hold” rating in a research report on Wednesday, October 16th.
About Griffin Industrial Realty
Griffin Industrial Realty, Inc develops, manages, and leases industrial and commercial properties in the United States. As of November 30, 2018, the company owned 37 buildings comprising 25 industrial/warehouse buildings, 11 office/flex buildings, and a restaurant building. It also owns real estate properties in the Hartford, Connecticut area; the Lehigh Valley of Pennsylvania; and the greater Charlotte, North Carolina area, as well as Connecticut, Massachusetts, and Florida.
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