Paramount Group Breaks Above 200-Day Moving Average – Bullish for PGRE

In trading on Friday, shares of Paramount Group Inc (Symbol: PGRE) crossed above their 200 day moving average of $9.59, changing hands as high as $9.74 per share. Paramount Group Inc shares are currently trading up about 2.8% on the day. The chart below shows the one year performance of PGRE shares, versus its 200 day moving average:

Looking at the chart above, PGRE’s low point in its 52 week range is $7.79 per share, with $11.645 as the 52 week high point — that compares with a last trade of $9.65.

Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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