Gecina (OTCMKTS:GECFF) Shares Down 5.1% - Should You Sell?

Key Points

• Gecina shares fell by 5.1% to $105.75 during trading, marking a significant decrease from the previous closing price of $111.44.
• Trading volume dropped dramatically, with only 1 share traded compared to an average of 3 shares, indicating low market activity.
• The Goldman Sachs Group downgraded Gecina's rating from "strong-buy" to "hold" on April 29th, reflecting a change in analysts' sentiment towards the stock.

Gecina (OTCMKTS:GECFF - Get Free Report)'s share price fell 5.1% during mid-day trading on Monday . The company traded as low as $105.75 and last traded at $105.75. 1 shares traded hands during mid-day trading, a decline of 68% from the average session volume of 3 shares. The stock had previously closed at $111.44.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group cut shares of Gecina from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 29th.

Gecina Stock Performance

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

Gecina Company Profile

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.