Hitting 52 Week High, American Tower Corp (NYSE:AMT) Close At $166.43

0
9
Car Wreck freeimages.com/dimitri_c
Car Wreck freeimages.com/dimitri_c

American Tower Corp (NYSE:AMT)

December 7th, 2018
Amidst falling markets American Tower Corp finished Friday’s trading session down 0.72%, a $1.20 decrease to close on $166.43. Despite the drop in price it hit a new 52 week high of $168.58.

AMT outperformed the rest of the Real Estate sector which went down just 1.44% today.
American Tower Corp is listed on the S&P 500 index, and was one of 447 stocks that fell today. Weighted by market cap, AMT represents about 0.27% of the S&P 500.

Results from 19 analysts indicates that American Tower Corp might rise somewhat (0.03%), while Finbox has calculated (with low uncertainty) a fair value price of $161.47.

Market Sectors

The market sectors were mixed Friday with a majority of the sectors trending down. Utilities saw the biggest increase of the day (0.40%), while Information Technology saw the biggest drop (3.53%). Healthcare has seen the biggest year-to-date gain at 12%. The biggest loss this year has been the Materials sector declining 12%.

Utilities saw the biggest turnaround from its 5-day performance of 2.33%, as it went up 0.40%. Real Estate saw a turn around from its 5-day performance of 2.84% trading down 1.44%.

Sector Breakdown

  • Utilities went up with a 0.40% change.
  • Energy went down with a -0.65% change.
  • Consumer Staples went down with a -1.29% change.
  • Real Estate went down with a -1.44% change.
  • Financials went down with a -1.84% change.
  • Communication Services went down with a -2.09% change.
  • Healthcare went down with a -2.52% change.
  • Materials went down with a -2.53% change.
  • Industrials went down with a -2.62% change.
  • Consumer Discretionary went down with a -3.08% change.
  • Information Technology went down with a -3.53% change.

American Tower Corporation is based in Boston. American Tower Corporation was founded in 1995.

American Tower Corp Info

American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 170,000 communications sites.

All amounts in USD unless otherwise indicated
AMT daily update

AMT daily update
AMT daily update

Media Gazelle Inc (MG), a Nevada Corporation, owns and operates the online brand US Tribune News. MG does not offer financial advise, and is not a registered broker/dealer/analyst/adviser, holds no investment licenses, and may not sell, offer to sell or offer to buy any security. MG’s market updates, news are not a solicitation or recommendation to buy, sell or hold securities. MG shall not be held liable for any investment losses you may incur by using the information provided, this includes you trading the stocks mentioned on our sites. We recommend you talk to a financial adviser before trading any securities or taking any action based upon information on this site. MG does not guarantee the accuracy of the article.

This site uses Akismet to reduce spam. Learn how your comment data is processed.