News coverage about Alexander's (NYSE:ALX) has trended somewhat positive recently, according to Accern. The research group ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Alexander's earned a daily sentiment score of 0.05 on Accern’s scale. Accern also gave media headlines about the real estate investment trust an impact score of 45.4314012310662 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Alexander's (NYSE:ALX) traded up $4.06 during trading hours on Thursday, reaching $383.74. The company had a trading volume of 6,848 shares, compared to its average volume of 7,319. Alexander's has a twelve month low of $376.17 and a twelve month high of $441.54. The firm has a market cap of $1,980.00, a price-to-earnings ratio of 23.29 and a beta of 0.71. The company has a quick ratio of 15.74, a current ratio of 15.74 and a debt-to-equity ratio of 3.63.
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Alexander’s, Inc is a real estate investment trust (REIT). The Company is engaged in leasing, managing, developing and redeveloping its properties. It is managed by, and its properties are leased and developed by, Vornado Realty Trust (Vornado). As of December 31, 2016, the Company had seven properties in the greater New York City metropolitan area consisting of 731 Lexington Avenue; Rego Park I; Rego Park II; The Alexander apartment tower; Paramus, and Flushing.
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