What’s in AmeriCold Realty Trust (COLD) After Touching All Time High?

March 21, 2018 - By Vivian Park

The stock of AmeriCold Realty Trust (NYSE:COLD) reached all time high today, Mar, 21 and still has $20.39 target or 8.00 % above today’s $18.88 share price. This indicates more upside for the $2.69B company. This technical setup was reported by Barchart.com. If the $20.39 PT is reached, the company will be worth $215.04M more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 0.85% or $0.16 during the last trading session, reaching $18.88. About 968,825 shares traded. AmeriCold Realty Trust (NYSE:COLD) has 0.00% since March 21, 2017 and is . It has underperformed by 16.70% the S&P500.

Analysts await AmeriCold Realty Trust (NYSE:COLD) to report earnings on March, 28 after the close. COLD’s profit will be $62.64 million for 10.73 P/E if the $0.44 EPS becomes a reality.

Americold Realty Trust is the world's largest owner and operator of temperature-controlled warehouses. The company has market cap of $2.69 billion. We are organized as a self-administered and self-managed REIT with proven operating, development and acquisition expertise. It currently has negative earnings. As of September 30, 2017, we operated a global network of 160 high-quality warehouses encompassing 945.3 million cubic feet, with 142 warehouses in the United States, six warehouses in Australia, seven warehouses in New Zealand, two warehouses in Argentina and three warehouses in Canada.

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