Gramercy Property Trust (GPT) Shares are Down -1.68%

Gramercy Property Trust (GPT) : During the past 4 weeks, traders have been relatively bearish on Gramercy Property Trust (GPT), hence the stock is down -6.11% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.03% relative to the S&P 500. The 4-week change in the price of the stock is -6.31% and the stock has fallen -1.68% in the past 1 week.

For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 4.2% and the fifty day Moving Average is 1.88%. Gramercy Property Trust Inc. is up 7.24% in the last three month period. Year-to-Date the stock performance stands at 24.45%.

Gramercy Property Trust (GPT) : The most positive equity analysts on Gramercy Property Trust (GPT) expects the shares to touch $12, whereas, the least positive believes that the stock will trade at $8 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $10.61 with an expected fluctuation of $1.14 from the mean.


Gramercy Property Trust (NYSE:GPT): On Fridays trading session , Opening price of the stock was $9.63 with an intraday high of $9.63. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $9.3. However, the stock managed to close at $9.36, a loss of 2.40% for the day. On the previous day, the stock had closed at $9.59. The total traded volume of the day was 3,510,114 shares.

Gramercy Property Trust, formerly Chambers Street Properties, is an investor and asset manager of commercial real estate, and operates as a real estate investment trust (REIT). The Company specializes in acquiring and managing single-tenant, net leased industrial and office properties in the United States and Europe markets. The Company has two operating segments: Investments/Corporate and Asset Management. The Investments/Corporate segment includes all of the Companys activities related to investment and ownership of commercial properties net leased to tenants throughout the United States. The Asset Management segment includes all of the Companys activities related to third-party asset and property management of commercial properties located throughout the United States and Europe.

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