RTTNews | Dec 20, 2021 12:47PM EST

12:47 Monday, December 20, 2021 (RTTNews.com) - Georgia-based real estate company, Preferred Apartment Communities, Inc. (APTS), is trading 12% higher on Monday despite the company not reporting any stock-related news to boost the stock.

The company deals in Class-A multifamily properties in 15 South-East states in the United States. Preferred Apartment Communities currently have 125 properties. Since the start of December, the stock has shot up 23%.

Currently, the stock is trading at $16.10, up $1.71 or 11.88% since the previous close at $14.39. The stock opened at $14.39 in the morning. In the 52-week period, the stock has ranged between $7.04 and $16.19 per share.

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