Shares of The GPT Group (OTCMKTS:GPTGF – Get Free Report) passed above its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $3.39 and traded as high as $3.64. The GPT Group shares last traded at $3.64, with a volume of 421 shares changing hands.
The GPT Group Trading Up 10.0%
The firm has a 50-day simple moving average of $3.29 and a two-hundred day simple moving average of $3.39.
About The GPT Group
The GPT Group is an Australian property group that owns, develops and manages a diversified portfolio of commercial real estate. Its activities include office buildings, shopping centres, logistics and industrial properties, and mixed-use developments. In addition to managing its directly owned assets, GPT provides property and funds management services through wholesale investment vehicles. These activities give institutional and other investors exposure to Australian office, retail and logistics real estate.
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