iStar Inc. (NYSE:STAR – Get Rating) reached a new 52-week low on Monday . The company traded as low as $6.57 and last traded at $6.71, with a volume of 175779 shares traded. The stock had previously closed at $6.90.
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on STAR shares. TheStreet raised iStar from a “d+” rating to a “c-” rating in a research note on Monday, February 13th. Raymond James downgraded iStar from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 31st. Finally, StockNews.com initiated coverage on iStar in a research report on Friday, March 10th. They issued a “hold” rating on the stock.
iStar Stock Up 1.0 %
The company has a debt-to-equity ratio of 1.18, a current ratio of 10.40 and a quick ratio of 10.40. The company has a market capitalization of $591.38 million, a PE ratio of 1.08 and a beta of 1.34. The business has a 50-day moving average of $8.34 and a 200 day moving average of $9.39.
Institutional Investors Weigh In On iStar
iStar Company Profile
iStar, Inc is a real estate investment trust company which engages in the financing, investing, and development of real estate and related projects. It operates through the following segments: Real Estate Finance, Net Lease, Operating Properties, Land and Development, and Corporate and Other. The Real Estate Finance segment includes all of the activities of the company related to senior and mezzanine real estate loans and real estate related securities.
- Get a free copy of the StockNews.com research report on iStar (STAR)
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