Horizon Group Properties (OTCMKTS:HGPI) Trading 55.7% Higher – Here’s Why

Horizon Group Properties, Inc. (OTCMKTS:HGPIGet Free Report) shot up 55.7% during mid-day trading on Monday . The company traded as high as $2.99 and last traded at $2.99. 2,500 shares traded hands during trading, an increase of 87,619% from the average session volume of 3 shares. The stock had previously closed at $1.92.

Horizon Group Properties Stock Up 55.7 %

The business’s 50 day moving average price is $1.97 and its 200 day moving average price is $1.87.

Horizon Group Properties Dividend Announcement

The business also recently announced a dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 13th were paid a dividend of $0.10 per share. The ex-dividend date was Friday, December 13th.

About Horizon Group Properties

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Based in Chicago, Illinois, Horizon Group Properties, Inc has 12 operating factory outlet centers and one power center in 10 states totaling more than 2.6 million square feet.

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