According to Zacks, “Ares Commercial Real Estate Corporation is a specialty finance company focused on originating, investing in and managing middle-market commercial real estate loans and other commercial real estate investments. The Company’s financing solutions are comprised of its target investments, which include the following: Transitional senior mortgage loans, Stretch senior mortgage loans, Subordinate debt mortgage loans and Other CRE debt and preferred equity investments. Ares Commercial Real Estate Corporation is based in Chicago, Illinois. “
ACRE stock traded up $0.15 during mid-day trading on Tuesday, hitting $15.48. 194,444 shares of the stock were exchanged, compared to its average volume of 182,425. The company has a debt-to-equity ratio of 2.75, a current ratio of 0.12 and a quick ratio of 0.12. The business has a fifty day moving average price of $15.40 and a 200 day moving average price of $15.21. Ares Commercial Real Estate has a 12 month low of $12.75 and a 12 month high of $15.84. The stock has a market capitalization of $442.58 million, a price-to-earnings ratio of 11.14 and a beta of 0.58.
About Ares Commercial Real Estate
Ares Commercial Real Estate Corporation, a specialty finance company, originates and invests in commercial real estate loans and related investments in the United States. It provides a range of financing solutions for the owners, operators, and sponsors of commercial real estate (CRE) properties. The company originates senior mortgage loans, subordinate debt products, real estate preferred equity investments, mezzanine loans, and other CRE investments.
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