Hudson Pacific Properties Inc. (NYSE:HPP) Relative Strength Index (RSI) is 50.38, with weekly volatility at 2.45% and ATR at 0.60. The HPP stock’s 52-week price range has touched low of $18.62 and a $30.97 high. Intraday shares traded counted 0.92 million, which was 28.99% higher than its 30-day average trading volume of 1.29M. Its shares traded higher over the last trading session, gaining 2.46% on 05/18/21. The shares fell to a low of $26.65 before closing at $27.44. HPP’s previous close was $26.78 while the outstanding shares total 150.82M. The firm has a beta of 0.98.
Investors have identified the REIT – Office company Hudson Pacific Properties Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $4.12 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Having a look at the company’s valuation, the company is expected to record 2.05 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on HPP sounds very interesting.
Is the stock of HPP attractive?
In related news, Director, GLASER JONATHAN M sold 2,000 shares of the company’s stock in a transaction that recorded on Mar 29. The sale was performed at an average price of 28.05, for a total value of 56,100. As the sale deal closes, the Director, GLASER JONATHAN M now sold 2,457 shares of the company’s stock, valued at 69,459. Also, Director, GLASER JONATHAN M sold 2,000 shares of the company’s stock in a deal that was recorded on Mar 16. The shares were price at an average price of 28.01 per share, with a total market value of 56,020. Following this completion of acquisition, the Chief Executive Officer, COLEMAN VICTOR J now holds 30,609 shares of the company’s stock, valued at 795,834. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.00%.
6 out of 14 analysts covering the stock have rated it a Buy, while 6 have maintained a Hold recommendation on Hudson Pacific Properties Inc.. 1 analysts has assigned a Sell rating on the HPP stock. The 12-month mean consensus price target for the company’s shares has been set at $30.36.