Free Trial

Gecina (OTCMKTS:GECFF) Shares Gap Down - Here's Why

Gecina logo with Finance background

Key Points

  • Gecina's stock price opened significantly lower on Monday, dropping from a closing price of $111.44 to $105.75.
  • Goldman Sachs downgraded Gecina from a "strong-buy" to a "hold" rating, indicating a shift in investor sentiment.
  • The company focuses on central living spaces in the Paris Region, managing over 1.2 million sq.m of offices and more than 9,000 housing units.
  • Need Better Tools to Track Gecina? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Gecina (OTCMKTS:GECFF - Get Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $111.44, but opened at $105.75. Gecina shares last traded at $105.75, with a volume of 1 shares.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group downgraded Gecina from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 29th.

View Our Latest Research Report on Gecina

Gecina Stock Performance

The business has a 50-day simple moving average of $106.07 and a 200-day simple moving average of $99.95. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.19 and a current ratio of 0.19.

Gecina Company Profile

(Get Free Report)

A specialist in centrality and uses, Gecina operates innovative and sustainable living spaces. The real estate investment company owns, manages and develops a unique portfolio in the heart of central areas of the Paris Region, covering more than 1.2 million sq.m of offices and more than 9,000 housing units, almost three-quarters of which are located in Paris City or in Neuilly-sur-Seine.

Recommended Stories

Should You Invest $1,000 in Gecina Right Now?

Before you consider Gecina, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gecina wasn't on the list.

While Gecina currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Options Trading Made Easy - Download Now Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Buy-the-Dip Stocks Poised to Rebound Soon
Quantum Boom: 3 Strong Picks with Lower Risk
3 Overlooked AI Stocks That Chipmakers Can’t Live Without

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines