Shares of The GPT Group (OTCMKTS:GPTGF – Get Free Report) were down 0.4% during trading on Tuesday . The company traded as low as $3.58 and last traded at $3.58. Approximately 800 shares were traded during trading, an increase of 71% from the average daily volume of 467 shares. The stock had previously closed at $3.5950.
The GPT Group Price Performance
The stock’s 50-day moving average is $3.54 and its two-hundred day moving average is $3.50.
About The GPT Group
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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