Why Armada Hoffler Properties Is Trading Higher Today
Armada Hoffler Properties's Stock Price And Volume Action
Armada Hoffler Properties's (NYSE:AHH) stock has been rising Thursday, up 4.01% to a price of $13.47. Thursday the stock has been traded at a volume of 77.46 thousand, about 26.74% of its recent 30-day volume average of 289.72 thousand.
Why It's Moving
Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Armada Hoffler Properties shares are trading higher after the DA Davidson upgraded the stock from Neutral to Buy and announced a $16 price target.
Perspective On Recent Price Action
The moving average price of the stock over the past 50 days was $12.76 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $14.32 and as low as $6.4.
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