Icade (OTCMKTS:CDMGF – Get 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%
Icade Company Profile
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.
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