Goodman Group (OTCMKTS:GMGSF) Stock Price Down 12.4%

Goodman Group (OTCMKTS:GMGSF) shares were down 12.4% during mid-day trading on Tuesday . The company traded as low as $5.53 and last traded at $5.53, approximately 3,025 shares changed hands during trading. An increase of 75% from the average daily volume of 1,729 shares. The stock had previously closed at $6.31.

Separately, Goldman Sachs Group lowered shares of Goodman Group from a “neutral” rating to a “sell” rating in a research report on Tuesday, March 3rd.

Goodman Group Company Profile (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 the largest listed specialist investment managers of industrial property and business space globally.

Further Reading: How are Outstanding Shares Different from Authorized Shares?

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