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Global Medical REIT Inc (NYSE: GMRE) closed the day trading at $6.84 up 0.29% from the previous closing price of $6.82. In other words, the price has increased by $0.29 from its previous closing price. On the day, 0.76 million shares were traded.
Ratios:
For a better understanding of GMRE, let’s look at its different ratios. 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 218.53, and their Forward P/E ratio for the next fiscal year is 155.45. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.22 while its Price-to-Book (P/B) ratio in mrq is 1.03.
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 $6.75. The 50-Day Moving Average of the stock is -15.05%, while the 200-Day Moving Average is calculated to be -20.55%.
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 64.19% stake in the company.
