Horizon Group (OTCMKTS:HGPI) Shares Up 2% – Still a Buy?

Horizon Group (OTCMKTS:HGPIGet Free Report) shares rose 2% during trading on Wednesday . The company traded as high as $2.2840 and last traded at $2.2840. Approximately 100 shares were traded during mid-day trading, an increase of 145% from the average daily volume of 41 shares. The stock had previously closed at $2.24.

Horizon Group Stock Performance

The stock has a 50-day moving average price of $2.63 and a two-hundred day moving average price of $2.78.

About Horizon Group

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Based in Chicago, Illinois, Horizon Group Properties, Inc has 12 operating factory outlet centers and one power center in 10 states totaling more than 2.6 million square feet.

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