GPT Group (ASX:GPT) shares were down 0.3% during mid-day trading on Monday . The stock traded as low as A$6.14 ($4.35) and last traded at A$6.15 ($4.36). Approximately 6,098,394 shares changed hands during trading, an increase of 6% from the average daily volume of 5,740,000 shares. The stock had previously closed at A$6.17 ($4.38).
The company has a market capitalization of $11.10 billion and a price-to-earnings ratio of 7.66. The company has a debt-to-equity ratio of 41.97, a current ratio of 0.24 and a quick ratio of 0.17. The stock has a 50-day simple moving average of A$5.89.
In other news, insider Robert (Bob) Johnston 585,864 shares of the firm’s stock in a transaction dated Friday, May 24th.
About GPT Group (ASX:GPT)
The GPT Group is one of Australia's largest diversified property groups and a top 50 ASX listed company by market capitalisation. GPT owns and manages a $24 billion portfolio of offices, logistics, business parks and prime shopping centres across Australia. The Group has a substantial investor base with more than 32,000 shareholders.
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