Gazit-Globe (OTCMKTS:GZTGF) Stock Price Down 55.9% – Should You Sell?

Gazit-Globe Ltd. (OTCMKTS:GZTGFGet Free Report) shares were down 55.9% during trading on Thursday . The company traded as low as $1.1015 and last traded at $1.1015. Approximately 1,631 shares were traded during trading, an increase of 174% from the average daily volume of 595 shares. The stock had previously closed at $2.50.

Gazit-Globe Stock Performance

The company has a debt-to-equity ratio of 2.02, a current ratio of 0.52 and a quick ratio of 0.52. The company has a 50-day simple moving average of $1.13 and a two-hundred day simple moving average of $2.82.

Gazit-Globe Company Profile

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Gazit-Globe Ltd. is a real estate investment company specializing in the ownership, management and development of income-producing retail properties. Through its subsidiaries and joint ventures, the company acquires, leases and operates community and neighborhood shopping centers anchored by grocery stores, as well as mixed-use and office complexes designed to serve urban and suburban markets.

Founded in 1982 by real estate entrepreneur Chaim Katzman, Gazit-Globe has grown from a local property developer into a globally diversified real estate group.

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