Highlands REIT (OTCMKTS:HHDS) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

Highlands REIT, Inc. (OTCMKTS:HHDS – Get Free Report) passed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $0.07 and traded as low as $0.0237. Highlands REIT shares last traded at $0.0360, with a volume of 8,646 shares trading hands.

Highlands REIT Trading Down 72.9%

The stock has a market cap of $25.86 million, a PE ratio of -3.60 and a beta of 18.85. The firm has a 50-day simple moving average of $0.07 and a 200-day simple moving average of $0.07. The company has a quick ratio of 7.34, a current ratio of 7.34 and a debt-to-equity ratio of 0.77.

Highlands REIT Company Profile

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Highlands REIT, Inc is a real estate investment trust focused on owning and managing commercial real estate in the United States. The company’s portfolio has historically included office properties, medical office facilities and other income-producing commercial real estate.

Highlands REIT was established in connection with the 2015 spin-off of certain properties from InvenTrust Properties Corp. Its portfolio has been concentrated in U.S. markets, with properties serving office users, healthcare tenants and other commercial occupants.

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