Traders Unite!

Hudson Pacific Properties Breaks Above 200-Day Moving Average – Bullish for HPP

Shutterstock photo

In trading on Wednesday, shares of Hudson Pacific Properties Inc (Symbol: HPP) crossed above their 200 day moving average of $34.04, changing hands as high as $34.07 per share. Hudson Pacific Properties Inc shares are currently trading up about 2.5% on the day. The chart below shows the one year performance of HPP shares, versus its 200 day moving average:

Looking at the chart above, HPP’s low point in its 52 week range is $26.99 per share, with $36.75 as the 52 week high point – that compares with a last trade of $34.06. According to the ETF Finder at ETF Channel, HPP makes up 2.40% of the PowerShares Active U.S. Real Estate Fund ETF (Symbol: PSR) which is trading relatively unchanged on the day Wednesday.

Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Comments are closed.