Is This Stock a Screaming Buy: Gramercy Property Trust Inc. (NYSE:GPT)

Equity Research firms currently have a positive stance on shares of Gramercy Property Trust Inc. (NYSE:GPT). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.50. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $26.91 on a short term basis.

At the time of writing, the stock was trading at $8.81. This represents a change from the opening price of -0.73%. In terms of performance, year to date, the stock is 18.75%. The monthly stock performance comes in at -9.14%. For the quarter, shares are performing at -7.74%. Weekly performance analysis shows the equity at -8.40%.

In taking a look at technical levels, shares are trading -7.36% away from the 50 day simple moving average and 4.31% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -11.21% away from it’s 52- week high and 40.64% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Gramercy Property Trust Inc.’s RSI stands at 30.99. In looking at volatility levels, the shares saw weekly volatility of 2.56% and 2.10% over the past month.

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