The GPT Group (OTCMKTS:GPTGF) Trading Down 9.4% – Here’s What Happened

The GPT Group (OTCMKTS:GPTGFGet Free Report) was down 9.4% during mid-day trading on Monday . The company traded as low as $2.90 and last traded at $2.90. Approximately 245 shares changed hands during trading, a decline of 93% from the average daily volume of 3,289 shares. The stock had previously closed at $3.20.

The GPT Group Stock Performance

The business has a 50 day moving average of $2.86 and a 200-day moving average of $2.93.

The GPT Group Company Profile

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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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