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Globalworth Real Estate Investments (LON:GWI) Stock Price Passes Below 200 Day Moving Average - Here's Why

Globalworth Real Estate Investments logo with Real Estate background

Key Points

  • Globalworth Real Estate Investments (LON:GWI) shares fell below their 200-day moving average of GBX 2.48, trading as low as GBX 2.34 ($0.03).
  • The company has a market capitalization of £660.46 million and a P/E ratio of -6.53, indicating potential struggles in profitability.
  • Globalworth specializes in distressed investments in the commercial real estate market, mainly focusing on Romania and South Eastern Europe.
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Shares of Globalworth Real Estate Investments (LON:GWI - Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2.48 ($0.03) and traded as low as GBX 2.34 ($0.03). Globalworth Real Estate Investments shares last traded at GBX 2.34 ($0.03), with a volume of 0 shares traded.

Globalworth Real Estate Investments Stock Performance

The firm's 50 day moving average price is GBX 2.38 and its 200-day moving average price is GBX 2.48. The firm has a market capitalization of £652.10 million, a PE ratio of -6.44 and a beta of 0.67.

About Globalworth Real Estate Investments

(Get Free Report)

Globalworth Real Estate Investment Ltd is a real estate investment firm specializing distressed investments in the commercial real estate market. It focuses on Romania, and also across South Eastern Europe and Central and Eastern Europe. Globalworth Real Estate Investment Ltd is based in St Peter Port, Channel Islands.

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