Howard Hughes (NYSEARCA:HHH) Shares Gap Down – Here’s Why

Howard Hughes Holdings Inc. (NYSEARCA:HHH) gapped down prior to trading on Wednesday . The stock had previously closed at $80.60, but opened at $75.76. Howard Hughes shares last traded at $74.69, with a volume of 615,730 shares trading hands.

Howard Hughes Stock Performance

The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 1.39. The company has a market cap of $3.77 billion, a PE ratio of 31.20 and a beta of 1.47. The firm has a fifty day simple moving average of $76.72 and a 200-day simple moving average of $76.94.

Howard Hughes Company Profile

Howard Hughes Holdings Inc, together with its subsidiaries, operates as a real estate development company in the United States. It operates in four segments: Operating Assets; Master Planned Communities (MPCs); Seaport; and Strategic Developments. The Operating Assets segment consists of developed or acquired retail, office, and multi-family properties along with other retail investments.