Risk factor
Very high price volatility
Profitability factor
Slightly undervalued vs peers
About
Horizon Group Properties, Inc. is a publicly owned real estate investment trust. The firm engages in the ownership, operation, and development of shopping centers in the United States. It operates through a subsidiary, Horizon Group Properties LP. Horizon Group Properties was founded in 1998 and is based in Rosemont, Illinois with additional offices in Muskegon, Michigan and Chicago, Illinois. Horizon Group Properties Inc. (OTCPK: HGPI) operates independently of Prime Retail Inc. as of June 17, 1998.
Company Valuation
From both historical and forecast perspectives, the stock is moderately underpriced compared to similar stocks. In particular, the stock is underpriced on P/E, 'expensive
