If you are wondering whether Innovative Industrial Properties is starting to look like a value opportunity or remains a value trap, this article will walk you through what the current price might be implying.
The stock last closed at US$47.70, with returns of a 1.6% decline over 7 days, 1.9% decline over 30 days, 3.6% decline year to date, 26.0% decline over 1 year, 26.4% decline over 3 years and 66.3% decline over 5 years, which may change how investors think about its risk and potential.
Recent news flow around US cannabis legalization efforts, funding conditions for operators and evolving state level regulations has kept attention on companies that lease facilities to the sector, including Innovative Industrial Properties. These…
