Why Armada Hoffler Properties Is Trading Higher Today

Armada Hoffler Properties's Stock Price And Volume Action

Armada Hoffler Properties's AHH stock has been rising Thursday, up 4.01% to a price of $13.47. Thursday the stock has been traded at a volume of 77.46 thousand, about 26.74% of its recent 30-day volume average of 289.72 thousand.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Armada Hoffler Properties shares are trading higher after the DA Davidson upgraded the stock from Neutral to Buy and announced a $16 price target.

Perspective On Recent Price Action

The moving average price of the stock over the past 50 days was $12.76 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $14.32 and as low as $6.4.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.