Simon Property Group Inc. (SPG) is Trading Lower on Unusual Volume for January 29

Equities Staff |

Simon Property Group Inc. (SPG) experienced unusually high volume on Jan. 29, as the stock lost 1.26% to a closing price of $184.44. The stock saw 2.32 million shares trade hands over the course of the day on 22,355 trades. Given that the stock’s average daily volume over the last month has been 1.34 million shares a day, this represents a pretty substantial spike over the norm.

Simon Property Group Inc. has a P/B ratio of 13.13. It also has a P/E ratio of 32.2. The stock has traded between $208.14 and $170.99 over the last 52-weeks, its 50-day SMA is now $188.86, and its 200-day SMA $184.72.

Simon Property Group Inc is real estate investment trust. It owns, develops and manages retail real estate properties such as malls, outlets and community and lifestyle centers.

Headquartered in Indianapolis, IN, Simon Property Group Inc. has 5,250 employees and is currently under the leadership of CEO David Simon.

For a complete fundamental analysis analysis of Simon Property Group Inc., check out’s Stock Valuation Analysis report for SPG. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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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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