PS Business Parks Inc (PSB) is Trading Higher on Unusual Volume for December 23

Equities Staff |

PS Business Parks Inc (PSB) experienced unusually high volume on Dec. 23, as the stock gained 0.62% to a closing price of $88.89. The stock saw 161,340 shares trade hands over the course of the day on 1,028 trades. Given that the stock’s average daily volume over the last month has been 87,508 shares a day, this represents a pretty substantial spike over the norm.

PS Business Parks Inc has a P/B ratio of 3.25. It also has a P/E ratio of 17.6. The stock has traded between $89.50 and $70.15 over the last 52-weeks, its 50-day SMA is now $85.52, and its 200-day SMA $77.98.

PS Business Parks Inc is a fully-integrated, self-advised and self-managed real estate investment trust. The Company owns, operates, acquires and develops commercial properties, including multi-tenant flex, office and industrial space.

Headquartered in Glendale, CA, PS Business Parks Inc has 168 employees and is currently under the leadership of CEO Joseph D. Russell.

For a complete fundamental analysis analysis of PS Business Parks Inc, check out’s Stock Valuation Analysis report for PSB. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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With 3,000 stocks making up the index, it gives a broad look at the markets, including the small-and mid-cap companies that aren’t on the Dow or the S&P 500. And with a rules-based system for determining membership, there’s no bias that could potentially limit membership. That’s why many financial professionals will turn to the Russell 3000 long before the better-known indices when trying to take the temperature of the market.

For more news on the financial markets, go to Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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