It is a happy day for investors in the Ares Commercial Real Estate Corporation as values in the stock market show a fall in their interest rates but a tremendous rise on their shares. As volatility surround the company's share price, they still incur positive gains in the last four weeks. This show a potential improvement on their commercial real estate investor relations.
According the American Trade Journal, Ares Commercial Real Estate Corporation has improved in the real estate stock market.
They were able to gain an increase of 8.2% in their shares, amounting to 39,478 short positions compared to their standard 222,220 shares in the market daily. Furthermore, there was also an increase in bets, initially at 482,419 shares for July 15, 2015 to 521,897 shares on July 31, 2015. Although the company experienced volatility in their price shares, the situation did not hinder them from increasing the amount of commercial real estate investor relations as they were able to gain more share purchases.
Currently, they opened trading for each share price valued at $12.61. They were able to hit $12.8, a clear advantage, but were able to land at a lesser $12.61 after the session. However, this still showed a gain of 0.24%, an increase in share price attractive to investors. Attractive because they were able to yield positive gains at a rate of 4.88% for the past four weeks. This indicated that the company is still an attractive investment in the commercial real estate stock market.
According to WKRB News & Analysis, the company released its quarterly earnings last Tuesday, August 11. The data reflected that the company was able to land $0.32 increase per share for the quarter, earning $175.80 million for the same period. Furthermore, the analysts of the report concluded that they were only estimated to gain $167.63 million, an obvious increase for what they were able to attain for the said quarter.
This indicated that Ares Commercial Real Estate Corporation are able to strengthen their commercial real estate investor relations by attaining increases of profits, even with volatility per share price.