Grand City Properties (OTCMKTS:GRNNF) Trading Up 1.5%

Grand City Properties S.A. (OTCMKTS:GRNNF)’s stock price was up 1.5% during mid-day trading on Thursday . The company traded as high as $23.30 and last traded at $23.30. Approximately 411 shares traded hands during mid-day trading, a decline of 23% from the average daily volume of 537 shares. The stock had previously closed at $22.95.

Separately, Societe Generale lowered shares of Grand City Properties from a “buy” rating to a “hold” rating in a research note on Tuesday, November 23rd. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy”.

The firm’s 50 day simple moving average is $24.21 and its two-hundred day simple moving average is $26.73.

Grand City Properties Company Profile (OTCMKTS:GRNNF)

Grand City Properties SA engages in the residential real estate business in Germany, the United Kingdom, and internationally. The company invests in, manages, and rents real estate properties in North Rhine-Westphalia and Berlin; metropolitan regions of Dresden, Leipzig, and Halle; and the cities in the north of Germany, Bremen, Hamburg, and Hannover, as well as other urban centers, such as Nuremberg, Munch, Mannheim, Frankfurt, and London.

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