On a relative basis, the stock has outperformed the S&P 500 by 1.33% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.72% in the last 1 week, and is up 2.96% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 0.89% from its 1 Year high price. On Aug 18, 2015, the shares registered one year high at $31.84 and the one year low was seen on Feb 12, 2016. The 50-Day Moving Average price is $28.54 and the 200 Day Moving Average price is recorded at $27.52.
The stock has recorded a 20-day Moving Average of 2.82% and the 50-Day Moving Average is 3.4%.
Hudson Pacific Properties (NYSE:HPP): stock turned positive on Friday. Though the stock opened at $29.16, the bulls momentum made the stock top out at $29.8 level for the day. The stock recorded a low of $29.16 and closed the trading day at $29.55, in the green by 1.79%. The total traded volume for the day was 624,092. The stock had closed at $29.03 in the previous days trading.
In an insider trading activity, Glaser Jonathan M, director of Hudson Pacific Properties, Inc., executed a transaction worth $80,640 on May 19, 2016. A total of 3,000 shares were purchased at an average price of $26.88. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Hudson Pacific Properties, Inc. is a real estate investment trust (REIT). The Company is a real estate company focused on owning, operating and acquiring office properties and media and entertainment properties in markets in Northern and Southern California and the Pacific Northwest. Its portfolio includes office properties, comprising approximately 5.9 million square feet, and media and entertainment properties, comprising approximately 0.9 million square feet of sound-stage, office and supporting production facilities. Its segments include office properties and media and entertainment properties. The Companys office properties include First & King, Met Park North, Northview, Rincon Center, 275 Brannan Street, 901 Market Street, Del Amo Office Building, 6922 Hollywood, 10900 Washington and 3401 Exposition, among others. Its media and entertainment properties segment includes two properties, the Sunset Gower property and the Sunset Bronson property.