The price of Americold Realty Trust Inc (NYSE:COLD) shares last traded on Wall Street fell -1.09% to $29.08.
COLD stock price is now 11.08% away from the 50-day moving average and 9.31% away from the 200-day moving average. The market capitalization of the company currently stands at $8.26B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target maintained at $31, Wolfe Research recently Upgraded its rating from Peer Perform to Outperform for Americold Realty Trust Inc (NYSE: COLD). On June 26, 2024, JP Morgan Upgraded its previous ‘Neutral’ rating to ‘Overweight’ on the stock keeping its target price maintained at $30, while ‘Scotiabank’ rates the stock as ‘Sector Outperform’
In other news, NOVOSEL THOMAS C, insider sold 6,000 shares of the company’s stock on Dec 06 ’23. The stock was sold for $170,160 at an average price of $28.36. Upon completion of the transaction, the insider now directly owns 4,616 shares in the company, valued at $0.13 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 28 ’23, EVP, Chief Commercial Officer CHAMBERS ROBERT SCOTT sold 9,100 shares of the business’s stock. A total of $256,802 was realized by selling the stock at an average price of $28.22. A total of 0.24% of the company’s stock is owned by insiders.
During the past 12 months, Americold Realty Trust Inc has had a low of $21.87 and a high of $33.82. The fifty day moving average price for COLD is $26.278 and a two-hundred day moving average price translates $26.60095 for the stock.
The latest earnings results from Americold Realty Trust Inc (NYSE: COLD) was released for 2024-03-31. The net profit margin was -11.99% and return on equity was -8.79% for COLD. The company reported revenue of $664.98 million for the quarter, compared to $676.49 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -1.7 percent.
