Highlands REIT (OTCMKTS:HHDS) Trading 175% Higher – Still a Buy?
by Renee Jackson · The Cerbat GemHighlands REIT, Inc. (OTCMKTS:HHDS – Get Free Report) shares traded up 175% on Tuesday . The stock traded as high as $0.11 and last traded at $0.11. 10,000 shares traded hands during trading, a decline of 65% from the average session volume of 28,437 shares. The stock had previously closed at $0.04.
Highlands REIT Stock Performance
The firm has a 50-day simple moving average of $0.05 and a two-hundred day simple moving average of $0.06. The company has a debt-to-equity ratio of 0.58, a quick ratio of 3.84 and a current ratio of 3.84.
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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