Globalworth Real Estate Investments (LON:GWI) Stock Passes Above 50-Day Moving Average - Should You Sell?

Key Points

• Globalworth Real Estate Investments' stock recently exceeded its 50-day moving average of GBX 2.41, hitting a high of GBX 2.44 during trading.
• The company has a market capitalization of £652.10 million and a negative P/E ratio of -6.44.
• Globalworth focuses on distressed investments in the commercial real estate market, particularly in Romania and surrounding regions.

Globalworth Real Estate Investments (LON:GWI - ) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 2.41 ($0.03) and traded as high as GBX 2.44 ($0.03). Globalworth Real Estate Investments shares last traded at GBX 2.34 ($0.03), with a volume of 7,365 shares traded.

Globalworth Real Estate Investments Stock Performance

The company has a 50-day simple moving average of GBX 2.41 and a 200 day simple moving average of GBX 2.50. The company has a market capitalization of £652.10 million, a P/E ratio of -6.44 and a beta of 0.67.

Globalworth Real Estate Investments Company Profile

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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