Gazit-Globe (OTCMKTS:GZTGF) Shares Gap Up – Here’s What Happened

Gazit-Globe Ltd. (OTCMKTS:GZTGFGet Free Report) gapped up before the market opened on Friday . The stock had previously closed at $1.50, but opened at $3.50. Gazit-Globe shares last traded at $3.50, with a volume of 197 shares trading hands.

Gazit-Globe Stock Up 239.8%

The company has a 50 day moving average of $1.50 and a two-hundred day moving average of $1.83.

About Gazit-Globe

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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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