Grand City Properties (FRA:GYC) Share Price Passes Below 200 Day Moving Average – Here’s Why

Shares of Grand City Properties S.A. (FRA:GYCGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €11.84 ($12.73) and traded as low as €10.75 ($11.56). Grand City Properties shares last traded at €10.81 ($11.62), with a volume of 96,031 shares.

Grand City Properties Price Performance

The company has a 50-day simple moving average of €10.95 and a 200-day simple moving average of €11.84.

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.

Further Reading

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