Shares of Highlands REIT, Inc. (OTCMKTS:HHDS – Get Free Report) shot up 33.1% on Friday . The company traded as high as $0.12 and last traded at $0.12. 15,872 shares changed hands during trading, a decline of 71% from the average session volume of 55,187 shares. The stock had previously closed at $0.09.
Highlands REIT Price Performance
The stock has a fifty day moving average of $0.08 and a two-hundred day moving average of $0.07. The stock has a market capitalization of $86.06 million, a price-to-earnings ratio of 11.98 and a beta of 7.45. The company has a current ratio of 3.63, a quick ratio of 3.63 and a debt-to-equity ratio of 0.61.
Highlands REIT Company Profile
We are a self-advised and self-administered real estate investment trust (REIT) created to own and manage substantially all of the non-core investment properties previously owned and managed by our former parent, InvenTrust Properties Corp., a Maryland corporation (InvenTrust). On April 28, 2016, we were spun-off from InvenTrust through a pro rata distribution (the Distribution) by InvenTrust of 100% of the outstanding shares of our common stock to holders of InvenTrust's common stock.
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