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Gramercy Propert Has Returned 19.4% Since SmarTrend Recommendation (GPT)

By Shiri Gupta

SmarTrend identified an Uptrend for Gramercy Propert (NYSE:GPT) on April 27th, 2018 at $23.12. In approximately 2 months, Gramercy Propert has returned 19.40% as of today's recent price of $27.60.

In the past 52 weeks, shares of Gramercy Propert have traded between a low of $21.12 and a high of $31.26 and are now at $27.60, which is 31% above that low price. The 200-day and 50-day moving averages have moved 0.1% lower and 1.43% higher over the past week, respectively.

Gramercy Property Trust operates as an investor and asset manager of commercial real estate. The Company invests in and manages tenants, offices, truck terminals, ground leases, cold storage, and industrial assets. Gramercy Property Trust conducts its business globally.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Gramercy Propert shares.

Log in and add Gramercy Propert (GPT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights gramercy propert

Ticker(s): GPT