IIPR-A Stock Summary and Trading Ideas (Innovative Industrial Properties, Inc. 9.00% Series A Cumulative Redeemable Preferred Stock | NYSE:IIPR-A)

Innovative Industrial Properties, Inc. 9.00% Series A Cumulative Redeemable Preferred Stock trades on the NYSE stock market under the symbol IIPR-A.

As of April 24, 2024, IIPR-A stock price climbed to $26.79 with 863 million shares trading.

IIPR-A has a market cap of $0.00. This is considered a Sub-Micro Cap stock.

In the last 3 years, IIPR-A stock traded as high as $37.86 and as low as $25.00.

IIPR-A has underperformed the market in the last year with a return of +11.8%, while the SPY ETF gained +24.2%. In the last 3 month period, IIPR-A fell short of the market, returning +1.8%, while SPY returned +4.6%. However, in the most recent 2 weeks IIPR-A has outperformed the stock market by returning -0.4%, while SPY returned -2.7%.

IIPR-A support price is $26.40 and resistance is $27.11 (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 IIPR-A stock will trade within this expected range on the day.