Zacks Investment Research downgraded Cousins Properties Inc (NYSE:CUZ) to Sell in a report released today.
- Updated: October 12, 2016
Yesterday Cousins Properties Inc (NYSE:CUZ) traded 0.89% higher at $7.57. The company’s 50-day moving average is $10.48 and its 200-day moving average is $10.53. The last stock close price is down -24.76% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 4,356,336 shares of the stock were exchanged, up from an average trading volume of 3,297,930
Zacks Investment Research has downgraded Cousins Properties Inc (NYSE:CUZ) to Sell in a report released on 10/12/2016.
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Cousins Properties Inc has a 52 week low of $7.19 and a 52 week high of $11.40 with a P/E ratio of 11.96 The company’s market cap is currently $0.
About Cousins Properties Inc (NYSE:CUZ)
Cousins Properties Incorporated (Cousins) is a self-administered and self-managed real estate investment trust (REIT). The Company focuses on development, acquisition, leasing and property management. The Company's investment strategy is to purchase Class A office assets or locate opportunistic development or redevelopment projects in its core markets to which it can add value through relationships, capital, or market expertise. The Company's segments include Office, Retail, Land and Other. The Company's segments by property type are Office, Mixed Use and Other. The Company's segments by geographical region are Atlanta, Houston, Austin, Charlotte and Other. The Company invests in Class-A office towers and mixed-use developments in Sunbelt markets, including Atlanta, Austin, Charlotte, Dallas and Houston.
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