Gramercy Property Trust (GPT) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($7.6 million) and the uptick to downtick ratio was 0.07. The transaction value on upticks was $0.55 million and on downticks, the transaction value was $8.15 million. The transaction value of block trades during downticks was $7.46 million. The money flow was negative ($7.46 million), indicating the traders were booking profit on the price strength. Gramercy Property Trust (GPT) rose $0.02 at $9.78, during intraday Thursday , a rise of 0.15% over the previous days close.
The stock has recorded a 20-day Moving Average of 5.51% and the 50-Day Moving Average is 7.97%. Shares have rallied 31.80% from its 1 Year high price. On Jul 11, 2016, the shares registered one year high at $9.74 and the one year low was seen on Oct 2, 2015. The 50-Day Moving Average price is $9.06 and the 200 Day Moving Average price is recorded at $8.19.
Gramercy Property Trust (NYSE:GPT): The stock opened at $9.67 on Thursday but the bulls could not build on the opening and the stock topped out at $9.80 for the day. The stock traded down to $9.65 during the day, due to lack of any buying support eventually closed down at $9.66 with a loss of -1.02% for the day. The stock had closed at $9.76 on the previous day. The total traded volume was 6,601,997 shares.
In an insider trading activity, Harris Benjamin P, officer (President) of Gramercy Property Trust, unloaded 40,000 shares at an average price of $8.98 on June 30, 2016. The total amount of the transaction was worth $359,200, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Gramercy Property Trust, formerly Chambers Street Properties, is an investor and asset manager of commercial real estate, and operates as a real estate investment trust (REIT). The Company specializes in acquiring and managing single-tenant, net leased industrial and office properties in the United States and Europe markets. The Company has two operating segments: Investments/Corporate and Asset Management. The Investments/Corporate segment includes all of the Companys activities related to investment and ownership of commercial properties net leased to tenants throughout the United States. The Asset Management segment includes all of the Companys activities related to third-party asset and property management of commercial properties located throughout the United States and Europe.