Could AmeriCold Realty Trust (COLD) See a Reversal After Breaking All Highs?

March 17, 2018 - By wolcottdaily

The stock of AmeriCold Realty Trust (NYSE:COLD) reached all time high today, Mar, 17 and still has $19.98 target or 7.00 % above today’s $18.67 share price. This indicates more upside for the $2.66 billion company. This technical setup was reported by If the $19.98 PT is reached, the company will be worth $186.06M 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 1.85% or $0.34 during the last trading session, reaching $18.67. About 7.69 million shares traded or 450.24% up from the average. AmeriCold Realty Trust (NYSE:COLD) has 0.00% since March 17, 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 10.61 P/E if the $0.44 EPS becomes a reality.

More notable recent AmeriCold Realty Trust (NYSE:COLD) news were published by: which released: “Americold Realty Trust Declares First Quarter 2018 Dividend” on March 15, 2018, also with their article: “Americold REIT Files For US IPO” published on December 11, 2017, published: “Americold Realty Trust: Not Warming Up For This REIT” on January 22, 2018. More interesting news about AmeriCold Realty Trust (NYSE:COLD) were released by: and their article: “Americold Is A Turkey” published on March 08, 2018 as well as‘s news article titled: “Americold Realty Trust Announces Pricing of Initial Public Offering” with publication date: January 19, 2018.

Americold Realty Trust is the world's largest owner and operator of temperature-controlled warehouses. The company has market cap of $2.66 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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