Gecina (OTCMKTS:GECFF) Shares Gap Up – Time to Buy?

Gecina (OTCMKTS:GECFF) shares gapped up prior to trading on Monday . The stock had previously closed at $92.00, but opened at $94.74. Gecina shares last traded at $94.74, with a volume of 100 shares traded.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on GECFF shares. Barclays cut shares of Gecina from a “strong-buy” rating to a “hold” rating in a report on Monday, November 24th. Citigroup upgraded Gecina from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, September 10th. BNP Paribas cut Gecina from an “outperform” rating to a “neutral” rating in a report on Wednesday, September 10th. Finally, The Goldman Sachs Group raised Gecina from a “hold” rating to a “buy” rating in a research report on Thursday, December 4th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Gecina Stock Up 3.0%

The stock has a fifty day moving average price of $93.52 and a 200-day moving average price of $99.56.

About Gecina

Gecina is a leading French real estate investment trust (SIIC) specialising in the ownership, development and management of office and residential properties, predominantly within the Paris region. The company’s portfolio includes strategic assets in high-demand business districts and urban neighbourhoods, positioning Gecina as a key player in France’s commercial and residential markets.

The company’s core activities span property development, asset management, leasing and operational property services.