Highlands REIT (OTCMKTS:HHDS) Shares Up 168.3% – Here’s Why

Highlands REIT, Inc. (OTCMKTS:HHDSGet Free Report)’s share price shot up 168.3% during trading on Thursday . The stock traded as high as $0.11 and last traded at $0.11. 42,991 shares were traded during mid-day trading, an increase of 58% from the average session volume of 27,125 shares. The stock had previously closed at $0.04.

Highlands REIT Price Performance

The firm’s 50 day moving average is $0.05 and its 200-day moving average is $0.05. The company has a quick ratio of 3.82, a current ratio of 3.82 and a debt-to-equity ratio of 0.59.

About Highlands REIT

(Get Free Report)

We are a self-advised and self-administered real estate investment trust (REIT) created to own and manage substantially all of the non-core investment properties previously owned and managed by our former parent, InvenTrust Properties Corp., a Maryland corporation (InvenTrust). On April 28, 2016, we were spun-off from InvenTrust through a pro rata distribution (the Distribution) by InvenTrust of 100% of the outstanding shares of our common stock to holders of InvenTrust's common stock.

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