Howard Hughes (NYSEARCA:HHH) Stock Price Down 1.7% – Here’s What Happened

Shares of Howard Hughes Holdings Inc. (NYSEARCA:HHHGet Free Report) dropped 1.7% during mid-day trading on Friday . The company traded as low as $80.85 and last traded at $81.66. Approximately 332,935 shares traded hands during trading, an increase of 1% from the average daily volume of 330,007 shares. The stock had previously closed at $83.11.

Howard Hughes Trading Down 1.7%

The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 1.39. The stock has a market capitalization of $4.85 billion, a P/E ratio of 33.88 and a beta of 1.22. The business’s fifty day simple moving average is $82.96 and its two-hundred day simple moving average is $79.56.

About Howard Hughes

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Howard Hughes Holdings Inc, together with its subsidiaries, operates as a real estate development company in the United States. It operates in four segments: Operating Assets; Master Planned Communities (MPCs); Seaport; and Strategic Developments. The Operating Assets segment consists of developed or acquired retail, office, and multi-family properties along with other retail investments. Its MPCs segment develops, sells, and leases residential and commercial land designated for long-term community development projects in and around Las Vegas, Nevada; Houston, Texas; and Phoenix, Arizona.

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