CIM Commercial Trust Corp (NASDAQ:CMCT) reached a new 52-week high during trading on Thursday . The stock traded as high as $21.44 and last traded at $21.44, with a volume of 407 shares changing hands. The stock had previously closed at $19.38.
Separately, BidaskClub raised CIM Commercial Trust from a “buy” rating to a “strong-buy” rating in a research report on Friday, March 1st.
The company has a debt-to-equity ratio of 0.26, a current ratio of 17.56 and a quick ratio of 17.56.
About CIM Commercial Trust (NASDAQ:CMCT)
CIM Commercial is a real estate investment trust that primarily acquires, owns, and operates Class A and creative office assets in vibrant and improving metropolitan communities throughout the United States. Its properties are primarily located in Los Angeles, the San Francisco Bay Area and Washington, DC CIM Commercial is operated by affiliates of CIM Group, L.P., a vertically-integrated owner and operator of real assets with multi-disciplinary expertise and in-house research, acquisition, credit analysis, development, finance, leasing, and onsite property management capabilities.
Featured Article: Depreciation
Receive News & Ratings for CIM Commercial Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CIM Commercial Trust and related companies with MarketBeat.com's FREE daily email newsletter.