Gazit Globe (TSE:GZT) Share Price Crosses Below Fifty Day Moving Average of $11.66

Gazit Globe Ltd (TSE:GZTGet Free Report) (NYSE:GZT)’s share price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$11.66 and traded as low as C$11.00. Gazit Globe shares last traded at C$11.66, with a volume of 600 shares changing hands.

Gazit Globe Price Performance

The company’s fifty day moving average is C$11.66. The stock has a market capitalization of C$2.24 billion and a price-to-earnings ratio of -376.13. The company has a current ratio of 0.50, a quick ratio of 0.31 and a debt-to-equity ratio of 156.18.

About Gazit Globe

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Gazit Globe Ltd, through its subsidiaries, acquires, owns, develops, operates, and manages supermarket-anchored shopping centers in North America, Europe, and internationally. As of December 31, 2016, the company owned and operated 426 properties with a gross leasable area of approximately 6.6 million square meters in approximately 20 countries.

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