Grand City Properties (OTCMKTS:GRNNF) Trading Down 9% – Here’s What Happened

Grand City Properties S.A. (OTCMKTS:GRNNFGet Free Report)’s share price fell 9% on Thursday . The stock traded as low as $11.00 and last traded at $11.00. 650 shares were traded during mid-day trading, a decline of 65% from the average session volume of 1,840 shares. The stock had previously closed at $12.09.

Grand City Properties Price Performance

The firm’s 50 day moving average is $12.05 and its two-hundred day moving average is $12.75.

Grand City Properties Company Profile

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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 major urban centers, such as Nuremberg, Munch, Mannheim, Frankfurt, and London.

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