Highlands REIT, Inc. (OTCMKTS:HHDS – Get Free Report)’s share price dropped 6.7% during trading on Monday . The company traded as low as $0.09 and last traded at $0.10. Approximately 25,039 shares traded hands during trading, a decline of 42% from the average daily volume of 43,399 shares. The stock had previously closed at $0.11.
Highlands REIT Stock Performance
The company has a market capitalization of $74.32 million, a price-to-earnings ratio of 10.26 and a beta of 13.12. 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 firm has a 50-day simple moving average of $0.08 and a two-hundred day simple moving average of $0.06.
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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