Gecina (OTCMKTS:GECFF – Get Free Report)’s share price passed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $73.10 and traded as high as $74.36. Gecina shares last traded at $74.36, with a volume of 350 shares.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group cut shares of Gecina from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 4th. Two research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Gecina presently has an average rating of “Reduce”.
View Our Latest Stock Analysis on GECFF
Gecina Price Performance
The firm’s 50-day moving average price is $73.10 and its two-hundred day moving average price is $81.87.
About Gecina
Gecina is a French real estate company that owns, develops and manages property, with a portfolio focused primarily on the Paris region. Its principal activities include office and residential real estate, as well as student housing. The company provides space for businesses and homes for individuals, and it manages properties through its YouFirst brand. Its work also includes developing and renovating buildings as it adapts its portfolio to changing tenant needs. Gecina’s roots date to 1959. The company’s business remains centered on the French market, particularly Paris and surrounding areas.
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