Grand City Properties (FRA:GYC) Trading Up 0.5% – Still a Buy?

Shares of Grand City Properties S.A. (FRA:GYCGet Free Report) shot up 0.5% during mid-day trading on Thursday . The company traded as high as €11.84 ($12.46) and last traded at €11.69 ($12.31). 83,454 shares changed hands during trading, The stock had previously closed at €11.63 ($12.24).

Grand City Properties Stock Performance

The business’s 50-day simple moving average is €12.58 and its 200 day simple moving average is €11.73.

Grand City Properties Company Profile

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Grand City Properties SA engages in the residential real estate business in Germany, the United Kingdom, and internationally. The company invests in, manages, and rents real estate properties in North Rhine-Westphalia and Berlin; metropolitan regions of Dresden, Leipzig, and Halle; and the cities in the north of Germany, Bremen, Hamburg, and Hannover, as well as other major urban centers, such as Nuremberg, Munch, Mannheim, Frankfurt, and London.

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