The GPT Group (OTCMKTS:GPTGF – Get Free Report) shares dropped 9% during trading on Thursday . The company traded as low as $2.87 and last traded at $2.87. Approximately 5,720 shares traded hands during mid-day trading, an increase of 127% from the average daily volume of 2,525 shares. The stock had previously closed at $3.15.
The GPT Group Stock Performance
The firm has a 50-day moving average price of $3.25 and a two-hundred day moving average price of $3.13.
The GPT Group Company Profile
GPT is a vertically integrated diversified property group that owns and actively manages a portfolio of high quality Australian retail, office and logistics assets, with assets under management of $32.4 billion. The Group utilises its real estate management platform to enhance returns through property development and funds management.
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