TheStreet lowered shares of Optibase Ltd. (NASDAQ:OBAS) from a c- rating to a d+ rating in a research note issued to investors on Friday.

Optibase (NASDAQ:OBAS) opened at 7.30 on Friday. The stock’s market capitalization is $37.81 million. The company’s 50-day moving average price is $8.61 and its 200 day moving average price is $8.79. Optibase has a 52-week low of $6.64 and a 52-week high of $10.40.

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Optibase Company Profile

Optibase Ltd. is a real estate company. The Company, through its subsidiaries, is engaged in purchasing and operating of real estate properties for leasing and resale primarily for the purpose of commercial, industrial, office space use, as well as for residential purposes. The Company owns holdings in several commercial real estate properties, which are leased to third parties.

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