Goodman Group (OTCMKTS:GMGSF) Shares Up 0.5%

Goodman Group (OTCMKTS:GMGSFGet Rating)’s share price shot up 0.5% during trading on Thursday . The stock traded as high as $12.25 and last traded at $12.21. 1,401 shares traded hands during trading, a decline of 32% from the average session volume of 2,068 shares. The stock had previously closed at $12.15.

Separately, The Goldman Sachs Group began coverage on Goodman Group in a research report on Thursday, May 12th. They set a “buy” rating for the company.

The firm has a 50-day simple moving average of $14.66 and a 200 day simple moving average of $16.22.

About Goodman Group (OTCMKTS:GMGSF)

Goodman Group is an integrated property group with operations throughout Australia, New Zealand, Asia, Continental Europe, the United Kingdom, North America and Brazil. Goodman Group, comprised of the stapled entities Goodman Limited, Goodman Industrial Trust and Goodman Logistics (HK) Limited, is the largest industrial property group listed on the Australian Securities Exchange and one of the largest listed specialist investment managers of industrial property and business space globally.

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