Clipper Realty Soars 9.9%: Is Further Upside Left in the Stock?

Clipper Realty Inc. (NYSE: CLPR) shares soared 9.9% in the last trading session to close at $6.65. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 12.7% gain over the past four weeks.

The increased investor optimism in the stock can be attributed to the favorable operating environment.

This company is expected to post quarterly funds from operations (FFO) of $0.12 per share in its upcoming report, which represents a year-over-year change of -20%. Revenues are ...

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