In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Global Medical REIT Inc (NYSE: GMRE) closed at $6.30 in the last session, down -0.94% from day before closing price of $6.36. In other words, the price has decreased by -$0.94 from its previous closing price. On the day, 0.83 million shares were traded.
Ratios:
We take a closer look at GMRE’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 1.34 whereas as Long-Term Debt/Eq ratio is at 1.31.
On October 18, 2024, Berenberg started tracking the stock assigning a Buy rating and target price of $11.75.
On September 19, 2024, Alliance Global Partners started tracking the stock assigning a Buy rating and target price of $12.Alliance Global Partners initiated its Buy rating on September 19, 2024, with a $12 target price.
Valuation Measures:
As of this moment, Global’s Price-to-Earnings (P/E) ratio for their current fiscal year is 201.28, and their Forward P/E ratio for the next fiscal year is 126.00. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.86. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.96 while its Price-to-Book (P/B) ratio in mrq is 0.95.
Stock Price History:
Over the past 52 weeks, GMRE has reached a high of $10.35, while it has fallen to a 52-week low of $6.05. The 50-Day Moving Average of the stock is -16.45%, while the 200-Day Moving Average is calculated to be -25.50%.
Shares Statistics:
A total of 66.88M shares are outstanding, with a floating share count of 63.10M. Insiders hold about 5.65% of the company’s shares, while institutions hold 68.34% stake in the company.
