By Tredu.com • 2025-07-04 12:06:54
Tredu
Paramount Group, Inc. (NYSE:PGRE) is a real estate investment trust (REIT) that focuses on owning, operating, and managing high-quality office properties in select central business district submarkets of New York City, San Francisco, and Washington, D.C. The company is known for its premium office spaces and has a significant presence in these key urban areas.
On July 4, 2025, UBS updated its rating for PGRE to a Positive grade, while maintaining a recommendation to hold the stock. At the time of this announcement, PGRE's stock price was $6.03. This update reflects UBS's confidence in the company's potential, despite the stock's recent performance.
The stock for PGRE is currently priced at $6.03, showing a decrease of approximately 8.29% with a change of $0.005. During the trading day, PGRE's stock fluctuated between a low of $5.99 and a high of $6.10. This volatility is not uncommon in the stock market, where prices can change rapidly due to various factors.
Over the past year, PGRE has seen a high of $6.62 and a low of $3.75. This range indicates the stock's potential for growth, as well as the risks involved. The company's market capitalization is approximately $1.32 billion, which is a measure of its total market value.
PGRE's trading volume on the NYSE is 948,312 shares, which shows the level of investor interest in the stock. Trading volume is an important indicator of a stock's liquidity, or how easily it can be bought or sold without affecting its price.