Gecina (OTCMKTS:GECFF) Sees Large Volume Increase – Should You Buy?

by · The Cerbat Gem

Shares of Gecina (OTCMKTS:GECFF – Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 1,170 shares traded hands during mid-day trading, an increase of 605% from the previous session’s volume of 166 shares.The stock last traded at $92.00 and had previously closed at $92.50.

Analyst Ratings Changes

GECFF has been the topic of several recent research reports. The Goldman Sachs Group upgraded shares of Gecina from a “hold” rating to a “buy” rating in a research report on Thursday, December 4th. Barclays lowered Gecina from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 24th. BNP Paribas lowered Gecina from an “outperform” rating to a “neutral” rating in a research report on Wednesday, September 10th. Finally, Citigroup raised Gecina from a “strong sell” rating to a “strong-buy” rating in a report on Wednesday, September 10th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Gecina currently has a consensus rating of “Moderate Buy”.

Read Our Latest Stock Analysis on GECFF

Gecina Stock Down 0.5%

The company has a 50-day moving average price of $94.04 and a 200 day moving average price of $99.83.

Gecina Company Profile

(Get Free Report)

Gecina is a leading French real estate investment trust (SIIC) specialising in the ownership, development and management of office and residential properties, predominantly within the Paris region. The company’s portfolio includes strategic assets in high-demand business districts and urban neighbourhoods, positioning Gecina as a key player in France’s commercial and residential markets.

The company’s core activities span property development, asset management, leasing and operational property services.

See Also