The GPT Group (OTCMKTS:GPTGF) Stock Price Up 3.9% – Should You Buy?

The GPT Group (OTCMKTS:GPTGFGet Free Report) rose 3.9% during trading on Wednesday . The company traded as high as $2.90 and last traded at $2.90. Approximately 200 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 2,477 shares. The stock had previously closed at $2.79.

The GPT Group Price Performance

The firm has a 50 day simple moving average of $3.42 and a two-hundred day simple moving average of $3.09.

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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