Zacks Investment Research downgraded Gladstone Commercial Corporation (NASDAQ:GOOD) to Sell in a report released today.
- Updated: November 29, 2016
Zacks Investment Research has downgraded Gladstone Commercial Corporation (NASDAQ:GOOD) to Sell in a report released on Tuesday November 29, 2016.
Yesterday Gladstone Commercial Corporation (NASDAQ:GOOD) traded 0.21% higher at $19.46. The company’s 50-day moving average is $0.00 and its 200-day moving average is $0.00. The last stock close price is up 0.00% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 0 shares of the stock were exchanged, down from an average trading volume of 0
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Gladstone Commercial Corporation has a 52 week low of $12.00 and a 52 week high of $19.50 The company’s market cap is currently $0.
About Gladstone Commercial Corporation (NASDAQ:GOOD)
Gladstone Commercial Corporation is a real estate investment trust (REIT). The Company focuses on acquiring, owning and managing office and industrial properties, and making long-term industrial and commercial mortgage loans. The Company's portfolio of real estate is leased to a section of tenants ranging from small businesses to large public companies. The Company owns a total of approximately 100 properties across over 20 states. The Company conducts its activities, including the ownership of its properties, through Gladstone Commercial Limited Partnership (Operating Partnership). The Company controls its Operating Partnership through its ownership of GCLP Business Trust II, which is the general partner of its Operating Partnership, and of GCLP Business Trust I, which holds all of the limited partnership units of its Operating Partnership. The Company's principal investment objective is to generate income from rental properties and mortgage loans.
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