Paramount Group (PGRE) : During the past 4 weeks, traders have been relatively bearish on Paramount Group (PGRE), hence the stock is down -8.2% 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 -5.36% relative to the S&P 500. The 4-week change in the price of the stock is -8.69% and the stock has fallen -5.21% in the past 1 week.
The stock has recorded a 20-day Moving Average of 4.46% and the 50-Day Moving Average is 5.38%.The 200 Day SMA reached 0.14%
Paramount Group (NYSE:PGRE): The stock opened in the green at $16.69 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $16.75 and a low of $16.34 for the day. The stock did not find buyers even at the lows and closed at $16.39 recording a loss of -0.91%. 861,289 shares exchanged hands during the trading day. The stock had closed at $16.39 in the previous days trading.
Paramount Group (PGRE) : Average target price received by Paramount Group (PGRE) is $19.5 with an expected standard deviation of $1. The most aggressive target on the stock is $20, whereas the most downbeat target is $18. 4 financial analysts are currently covering the stock.
Paramount Group, Inc. (Paramount) is a real estate investment trust (REIT) focused on owning, operating and managing Class A office properties in central business district submarkets of New York City, Washington, D.C. and San Francisco. Paramount conducts its business primarily through Paramount Group Operating Partnership LP. As of December 31, 2014, Paramounts portfolio consisted of 12 Class A office properties aggregating approximately 10.4 million square feet that was 93.9% leased. Paramount has an investment management business, where it serves as the general partner and property manager of certain private equity real estate funds for institutional investors and high-net-worth individuals. Paramounts private equity real estate funds (the Property Funds) invest in office buildings and related facilities primarily in New York City, Washington, D.C. and San Francisco. The Alternative Investment Funds invest in real estate related debt and preferred equity investments.