Gazit-Globe Ltd. (GZT) Shares Gap Up to $10.21
Gazit-Globe Ltd. (NYSE:GZT)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $10.02, but opened at $10.21. Gazit-Globe shares last traded at $10.70, with a volume of 11,778 shares.
A number of equities analysts have issued reports on GZT shares. TheStreet downgraded Gazit-Globe from a “hold” rating to a “sell” rating in a research report on Thursday, May 26th. Zacks Investment Research downgraded Gazit-Globe from a “hold” rating to a “sell” rating in a research report on Monday, June 20th. One analyst has rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. The stock has a consensus rating of “Hold”.
The company’s 50-day moving average price is $9.81 and its 200 day moving average price is $8.97. The stock’s market capitalization is $2.09 billion.
Gazit-Globe (NYSE:GZT) last posted its earnings results on Tuesday, August 23rd. The real estate investment trust reported $0.19 EPS for the quarter.
Gazit-Globe Ltd. is an owner and operator of supermarket-anchored shopping centers. The Company’s segments include Shopping centers in U.S., Shopping centers in Canada, Shopping centers in North Europe, Shopping centers in Central-Eastern Europe and Other Segments. The Company acquires, develops and redevelops supermarket-anchored neighborhood and community shopping centers in urban markets.
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