Washington Prime Group (NYSE:WPG.PI) Shares Up 0.8%

Washington Prime Group Inc (NYSE:WPG.PI) shares shot up 0.8% during trading on Wednesday . The company traded as high as $21.03 and last traded at $20.94, 3,590 shares changed hands during trading. The stock had previously closed at $20.78.

The stock’s 50-day simple moving average is $19.62 and its 200 day simple moving average is $19.33.

Washington Prime Group Company Profile (NYSE:WPG.PI)

Washington Prime Group Inc is a retail REIT and a recognized leader in the ownership, management, acquisition and development of retail properties. The Company combines a national real estate portfolio with an investment grade balance sheet, leveraging its expertise across the entire shopping center sector to increase cash flow through rigorous management of assets and provide new opportunities to retailers looking for growth throughout the U.S.

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