The Price And Volume Action In Pennsylvania REIT's Stock Today

Pennsylvania REIT’s PEI stock is trading up 38.38% to a price of $1.29. Friday the stock has been traded at a volume of 10.79 million, about 260.66% of its recent 30-day volume average of 4.14 million.

Why It’s Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Pennsylvania Real Estate Investment Trust shares are trading higher after the company reported its prepackaged financial restructuring plan was confirmed by the court.

Perspective On Recent Price Action

The stock’s 50-day moving average was $0.67 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $5.53 and fallen to a low of $0.35.

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