Cousins Properties Incorporated (CUZ) has been under a strong bear grip, hence the stock is down -4.88% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.32% in the past 1 week. The stock has risen by 0.38% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.89% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.69% and the 50-Day Moving Average is 0.24%. Cousins Properties Incorporated (NYSE:CUZ): stock turned positive on Friday. Though the stock opened at $10.46, the bulls momentum made the stock top out at $10.63 level for the day. The stock recorded a low of $10.44 and closed the trading day at $10.61, in the green by 1.34%. The total traded volume for the day was 1,704,791. The stock had closed at $10.47 in the previous days trading.
The company Insiders own 3.16% of Cousins Properties Incorporated shares according to the proxy statements. Institutional Investors own 99.99% of Cousins Properties Incorporated shares.
Cousins Properties Incorporated (Cousins) is a self-administered and self-managed real estate investment trust (REIT). Cousins Real Estate Corporation (CREC) is an entity wholly owned by Cousins. Cousins, CREC, Cousins TRS Services LLC (CTRS) and their subsidiaries (collectively, the Company) develop, acquire, lease, manage and own primarily Class A office properties and opportunistic mixed-use developments in Sunbelt markets with a focus on Georgia, Texas and North Carolina. It operates its business in four segments: Office, Retail, Land and Other. The Companys portfolio of real estate assets consists of interests in approximately 15.7 million square feet of office space, 80,000 square feet of retail space and 404,000 square feet (443 units) of apartments. It has ownership interests in various properties, including Greenway Plaza, Post Oak Central, 2100 Ross Avenue, 816 Congress and Promenade, among others. Its portfolio includes around 16 operating office properties.