Post Properties (PPS) Getting Somewhat Positive News Coverage, Study Shows
News headlines about Post Properties (NYSE:PPS) have been trending somewhat positive on Tuesday, Accern reports. Accern identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Post Properties earned a coverage optimism score of 0.20 on Accern’s scale. Accern also gave headlines about the real estate investment trust an impact score of 45.6030073077918 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Post Properties (NYSE:PPS) traded down $1.51 on Tuesday, reaching $65.02. The company’s stock had a trading volume of 1,624,800 shares, compared to its average volume of 521,723. Post Properties has a 52 week low of $52.08 and a 52 week high of $69.39. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.79.
About Post Properties
Post Properties, Inc is a self-administrated and self-managed equity real estate investment trust (REIT). The Company’s segments include Fully stabilized (same store) communities, which includes apartment communities that have been stabilized for both the current and prior year; Newly stabilized communities, which includes communities that reached stabilized occupancy in the prior year; Lease-up communities, which includes communities that are under development, rehabilitation and in lease-up but were not stabilized by the beginning of the current year, including communities that stabilized during the current year; Acquired communities, which include communities acquired in the current or prior year, and Held for sale and sold communities, which include apartment and mixed-use communities classified as held for sale or sold.
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