Company Shares of Parkway Properties (NYSE:PKY) Rally 1.2%

Parkway Properties (NYSE:PKY) : During the past 4 weeks, traders have been relatively bearish on Parkway Properties (NYSE:PKY), hence the stock is down -6.2% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.08% relative to the S&P 500. The stock has risen by 1.2% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.69% in the past 4 weeks.

The company shares have dropped -7.86% from its 1 Year high price. On Jul 13, 2015, the shares registered one year high at $18.61 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $17.00 and the 200 Day Moving Average price is recorded at $15.32.

The stock has recorded a 20-day Moving Average of 1.03% and the 50-Day Moving Average is 0.16%.


Parkway Properties (NYSE:PKY): stock turned positive on Friday. Though the stock opened at $16.49, the bulls momentum made the stock top out at $17.01 level for the day. The stock recorded a low of $16.49 and closed the trading day at $16.88, in the green by 3.18%. The total traded volume for the day was 945,327. The stock had closed at $16.36 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged that OReilly David R., officer (EVP & CHIEF FINANCIAL OFFICER) of Parkway Properties Inc, had unloaded 80,000 shares at an average price of $16.79 in a transaction dated on December 3, 2015. The total value of the transaction was worth $1,343,200.

Parkway Properties, Inc. (Parkway) is an integrated, self-administered and self-managed real estate investment trust (REIT). The Company is engaged in the acquisition, ownership and management of office and parking properties in high-growth submarkets in the Sunbelt region of the United States. The Company offers fee-based real estate services through wholly owned subsidiaries, which in total managed and/or leased approximately six million square feet for third-party property owners. The Company serves as the general partner of Fund II and provides asset management, property management, leasing and construction management services to the fund. Fund II owns seven properties totaling approximately 2.5 million square feet in Atlanta, Georgia; Phoenix, Arizona; Jacksonville, Florida, and Philadelphia, Pennsylvania.

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