Icade (OTCMKTS:CDMGF) Trading 7.3% Higher – What’s Next?

Icade (OTCMKTS:CDMGFGet Free Report) rose 7.3% during trading on Friday . The company traded as high as $25.54 and last traded at $25.54. Approximately 100 shares traded hands during trading, a decline of 74% from the average daily volume of 382 shares. The stock had previously closed at $23.80.

Wall Street Analyst Weigh In

Separately, Barclays lowered Icade to an “underweight” rating in a report on Monday, November 24th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Icade has an average rating of “Sell”.

Get Our Latest Report on CDMGF

Icade Trading Up 7.3%

The firm’s fifty day moving average price is $24.72 and its 200-day moving average price is $24.68.

Icade Company Profile

(Get Free Report)

Icade is a French real estate investment trust (REIT) specializing in the acquisition, management and development of commercial real estate assets. Listed on Euronext Paris and trading over-the-counter in the U.S. as CDMGF, the company operates under the majority ownership of Caisse des Dépôts. Icade’s activities are organized into two core divisions: property investment and property development, with a focus on creating value through active asset management and targeted development projects.

In its property investment division, Icade concentrates on office buildings, healthcare facilities and logistics platforms.

Further Reading

Receive News & Ratings for Icade Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Icade and related companies with MarketBeat.com's FREE daily email newsletter.