Shares of Gladstone Land Co. (NASDAQ:LANDP – Get Free Report) were up 0.1% during trading on Tuesday . The stock traded as high as $20.47 and last traded at $20.02. Approximately 5,155 shares were traded during trading, a decline of 68% from the average daily volume of 16,194 shares. The stock had previously closed at $20.00.
Gladstone Land Stock Up 0.1 %
The company has a fifty day moving average of $21.35 and a two-hundred day moving average of $21.33.
Gladstone Land Company Profile
Founded in 1997, Gladstone Land is a publicly traded real estate investment trust that acquires and owns farmland and farm-related properties located in major agricultural markets in the U.S. and leases its properties to unrelated third-party farmers. The Company, which reports the aggregate fair value of its farmland holdings on a quarterly basis, currently owns 169 farms, comprised of approximately 116,000 acres in 15 different states and over 45,000 acre-feet of banked water in California, valued at a total of approximately $1.6 billion.
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