Howard Hughes (NYSEARCA:HHH) Shares Up 6.5% – Still a Buy?
by Scott Moore · The Cerbat GemHoward Hughes Holdings Inc. (NYSEARCA:HHH – Get Free Report)’s stock price was up 6.5% during trading on Tuesday . The stock traded as high as $80.90 and last traded at $80.88. Approximately 490,151 shares traded hands during trading, an increase of 71% from the average daily volume of 286,493 shares. The stock had previously closed at $75.93.
Howard Hughes Stock Up 1.1 %
The firm’s 50-day simple moving average is $76.25 and its 200 day simple moving average is $70.73. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.55 and a current ratio of 1.55. The stock has a market capitalization of $4.20 billion, a P/E ratio of 34.78 and a beta of 1.47.
About Howard Hughes
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.
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