Overall market sentiment has been high on Hudson Pacific Properties Inc (HPP) stock lately. HPP receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Hudson Pacific Properties Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on HPP!
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With HPP Stock Today?
Hudson Pacific Properties Inc (HPP) stock is trading at $6.61 as of 12:47 PM on Friday, Dec 1, an increase of $0.74, or 12.61% from the previous closing price of $5.87. The stock has traded between $5.81 and $6.62 so far today. Volume today is less active than usual. So far 2,063,672 shares have traded compared to average volume of 3,627,986 shares.
More About Hudson Pacific Properties Inc
Hudson Pacific Properties Inc is a real estate investment trust that acquires, operates, and owns office buildings and media and entertainment properties, such as sound stages, on America's West Coast. The company focuses on developed, urban markets in Northern California, Southern California, and the Pacific Northwest. In terms of total square footage, the vast majority of Hudson Pacific's real estate portfolio is composed of office properties located in the Greater Seattle, San Francisco, and Los Angeles areas. The company derives a majority of its income in the form of rental revenue from its office assets in these three cities. Hudson Pacific tenants include a variety of technology, law services, and entertainment firms.
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