Cousins Properties Incorporated (CUZ) Shares are Down -0.36%

Cousins Properties Incorporated (CUZ) has risen sharply, recording gains of 7.74% in the past 4 weeks. However, the stock has corrected -0.36% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.92% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

Cousins Properties Incorporated (NYSE:CUZ): The stock opened at $11.02 on Friday but the bulls could not build on the opening and the stock topped out at $11.13 for the day. The stock traded down to $11.00 during the day, due to lack of any buying support eventually closed down at $11.00 with a loss of -0.45% for the day. The stock had closed at $11.05 on the previous day. The total traded volume was 1,345,652 shares.


The stock has recorded a 20-day Moving Average of 4.09% and the 50-Day Moving Average is 3.65%. Cousins Properties Incorporated is up 6.77% in the last 3-month period. Year-to-Date the stock performance stands at 18.65%.

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.

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