COLD Stock Summary and Trading Ideas (Americold Realty Trust | NYSE:COLD)

Americold Realty Trust Inc is the world's second-largest owner and operator of temperature-controlled warehouses behind privately held Lineage Logistics. The Atlanta, Georgia-based firm owns and operates approximately 245 temperature-controlled warehouses, spanning 1.5 billion cubic feet. In 2022, the firm derived more than 80% of its revenue from the United States but also has sizable operations in Europe, Canada, Australia, and New Zealand. Americold supplements its core business by providing supply management and transportation services to its various customers. It operates as a real estate investment trust.

Americold Realty Trust trades on the NYSE stock market under the symbol COLD.

As of April 24, 2024, COLD stock price declined to $22.52 with 1,245,508 million shares trading.

COLD has a beta of 0.98, meaning it tends to be less sensitive to market movements. COLD has a correlation of 0.22 to the broad based SPY ETF.

COLD has a market cap of $6.38 billion. This is considered a Mid Cap stock.

In the last 3 years, COLD stock traded as high as $40.85 and as low as $21.49.

The top ETF exchange traded funds that COLD belongs to (by Net Assets): VNQ, VTI, VB, VBK, VXF.

COLD has underperformed the market in the last year with a price return of -21.3% while the SPY ETF gained +24.2%. COLD has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -21.6% and -9.3%, respectively, while the SPY returned +4.6% and -2.7%, respectively.

COLD support price is $22.40 and resistance is $23.18 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that COLD stock will trade within this expected range on the day.