Notable News Spotlight: Prologis, Inc. (NYSE: PLD)

Prologis, Inc. (NYSE: PLD) were transacted with a volume of 2389454 shares in last trading period as compared to its average volume of 2767.64K shares over last three months period. The stock price scored 1.01% and valued at $64.7.

Prologis a USA based Company, belongs to Financial sector and REIT – Industrial industry. Shares of the company returned 3.75% during the last five trading days and it returned 3.31% in past 30 trading days. It changed 2.93% over recent three months. The stock has changed 5.32% in one year period and YTD Performance clocked at 10.18%.

Prologis, Inc. (NYSE: PLD) and global real estate investor Ivanhoé Cambridge declared the close of their agreement to form an approximately $880 million, 20/80 joint venture in Brazil.

Prologis Brazil Logistics Venture will develop and operate logistics real estate in Brazil, specifically in São Paulo and Rio de Janeiro. At closing, the venture acquired an initial portfolio of assets of approximately 6.9 million square feet of operating properties and 371 acres of land from Prologis with a commitment to build out the existing land bank.

The price moved ahead 7.81% from the mean of 20 days, 1.25% from 50 and separated -0.06% from 200 days average price. Its price volatility for a month is at 2.59% and for a week, volatility remained at 1.49%. It beta stands at 0.98. Company’s price to sales ratio for last 12 months was 15.41 while its price to book ratio for the most recent quarter was 1.69. Its Market Cap valued at $40321.69M.

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