The GPT Group (OTCMKTS:GPTGF – Get Free Report)’s share price traded down 5.7% on Friday . The company traded as low as $3.4150 and last traded at $3.4150. 419 shares traded hands during mid-day trading, a decline of 57% from the average session volume of 978 shares. The stock had previously closed at $3.62.
The GPT Group Trading Down 5.7%
The firm has a fifty day simple moving average of $3.48 and a 200-day simple moving average of $3.46.
The GPT Group Company Profile
The GPT Group is a diversified Australian property trust specializing in the ownership, management and development of retail, office and logistics assets. Established in 1971 as the General Property Trust, the company has evolved into one of Australia’s leading real estate investment trusts (REITs). Headquartered in Sydney, GPT is listed on the Australian Securities Exchange (ASX: GPT) and its American Depositary Receipts trade on the OTC market under the ticker GPTGF.
GPT’s portfolio spans major metropolitan centres across Australia, including Sydney, Melbourne, Brisbane, Perth, Adelaide and Canberra.
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