Highwoods Properties (HIW) Shares are Down -0.46%

Highwoods Properties (HIW) : During the past 4 weeks, traders have been relatively bearish on Highwoods Properties (HIW), hence the stock is down -2.11% 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 -0.62% relative to the S&P 500. The 4-week change in the price of the stock is -2.63% and the stock has fallen -0.46% in the past 1 week.

The stock has recorded a 20-day Moving Average of 0.07% and the 50-Day Moving Average is 1.79%.The 200 Day SMA reached 9.73%


Highwoods Properties (NYSE:HIW): After opening at $52.36, the stock dipped to an intraday low of $51.78 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $52.75 and the buying power remained strong till the end. The stock closed at $52.12 for the day, a gain of 0.04% for the day session. The total traded volume was 626,868. The stocks close on the previous trading day was $52.12.

Highwoods Properties (HIW) : The highest short term price target forecast on Highwoods Properties (HIW) is $65 and the lowest target price is $50. A total of 8 equity analysts are currently covering the company. The average price of all the analysts is $56.25 with a standard deviation of $5.06.

Highwoods Properties, Inc. is a real estate investment trust. The Company is engaged in the business of operation, acquisition and development of real estate properties. It provides leasing, management, development, construction and other customer-related services for its properties and for third parties. The Company operates office, industrial, retail and residential properties. The Company conducts its activities through Highwoods Realty Limited Partnership. The Companys portfolio consists of office properties in Raleigh, Atlanta, Tampa, Nashville, Memphis, Pittsburgh, Richmond and Orlando; office and industrial properties in Greensboro, and retail and office properties in Kansas City. The Company holds an interest of approximately 31.2 million rentable square feet of in-service properties, 1.7 million rentable square feet of properties under development and approximately 500 acres of development land.

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