Horizon Group (OTCMKTS:HGPI) Shares Up 4.7% – Still a Buy?

Horizon Group (OTCMKTS:HGPIGet Free Report)’s stock price rose 4.7% during trading on Monday . The stock traded as high as $2.46 and last traded at $2.46. 2,080 shares traded hands during trading, an increase of 1,041% from the average daily volume of 182 shares. The stock had previously closed at $2.35.

Horizon Group Price Performance

The company’s 50-day simple moving average is $2.12 and its 200-day simple moving average is $2.14.

Horizon Group Company Profile

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Based in Chicago, Illinois, Horizon Group Properties, Inc has 12 operating factory outlet centers and one power center in 10 states totaling more than 2.6 million square feet.

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