Perhaps Ares Commercial Real Estate Corporation (ACRE) Has Found Some Support In The Market Place

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Ares Commercial Real Estate Corporation (ACRE) has seen some recent movement in the marketplace and its stock were last quoted at $8.97 yesterday. Traders are starting to take interest of ACRE as the stock traded as high as $9.12 and as low as $8.85 in the prior trading day.

Ares Commercial Real Estate Corporation (ACRE) average trading volume is 256.53K. However, in the prior trading day Ares Commercial Real Estate Corporation (ACRE) traded 264,570 shares. The First support level on ACRE is $8.36 and the First upside resistance level on ACRE is $11.15. ACRE 50-day moving average is $9.52 and ACRE 200-day moving average is $8.83.

Ares Commercial Real Estate Corporation (ACRE) recent performance has been specified by the recent movement in ACRE stock. ACRE has performed -1.54% over the past 4 weeks, ACRE has performed -2.29% over the past quarter and ACRE has shown -42.13% over the past year. Ares Commercial Real Estate Corporation (ACRE) has a 12 month range of $2.78 to $17.72. Ares Commercial Real Estate Corporation (ACRE) is trading 222.66% from its 12 month low and -49.38% from its 12 month high. Ares Commercial Real Estate Corporation (ACRE) is indicating a 2.14% short float indicating the sum short in the float.

ACRE has 33.32M shares outstanding and 30.33M shares in the float. Ares Commercial Real Estate Corporation (ACRE) currently has a market cap of $295.20M and income of 11.20M. The EPS next quarter for ACRE is 0.24 and forecasted EPS next year is 0.18%. The market cap of Ares Commercial Real Estate Corporation (ACRE) at $295.20M signifies how many Traders own shares of ACRE and is calculated off the last price ($8.97) of ACRE and the sum of shares outstanding (33.32M) with Ares Commercial Real Estate Corporation (ACRE).

Ares Commercial Real Estate Corporation (ACRE) has aggregate cash (mrq) of 72.99M, aggregate cash per share (mrq) of 2.2, aggregate debt of ACRE is at 1.53B and aggregate debt/equity (mrq) is 329.43. . Ares Commercial Real Estate Corporation (ACRE) running cash flow (ttm) is 30.28M.

ACRE is trading -4.51% below (bearish) its SMA20, -6.88% below (bearish) its SMA50 and -11.24% below (bearish) its SMA200.

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