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Highlands REIT (OTCMKTS:HHDS) Stock Price Up 83.3% - Here's What Happened

Highlands REIT logo with Finance background

Highlands REIT, Inc. (OTCMKTS:HHDS - Get Free Report)'s stock price rose 83.3% during trading on Friday . The stock traded as high as $0.12 and last traded at $0.11. Approximately 26,784 shares were traded during trading, a decline of 30% from the average daily volume of 38,240 shares. The stock had previously closed at $0.06.

Highlands REIT Stock Performance

The firm's 50-day moving average price is $0.07 and its 200 day moving average price is $0.06. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.82 and a current ratio of 3.82. The company has a market cap of $79.68 million, a price-to-earnings ratio of 11.00 and a beta of 18.81.

Highlands REIT Company Profile

(Get Free Report)

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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