Stockland (OTCMKTS:STKAF – Get Rating)’s stock price dropped 1.2% on Thursday . The stock traded as low as $2.52 and last traded at $2.52. Approximately 16,217 shares were traded during trading, an increase of 35% from the average daily volume of 12,044 shares. The stock had previously closed at $2.55.
Wall Street Analysts Forecast Growth
STKAF has been the subject of several research reports. The Goldman Sachs Group initiated coverage on shares of Stockland in a research report on Wednesday, August 3rd. They set a “buy” rating for the company. Citigroup lowered shares of Stockland from a “buy” rating to a “neutral” rating in a research report on Monday, August 22nd.
Stockland Stock Down 1.2 %
The firm’s fifty day simple moving average is $2.25 and its 200 day simple moving average is $2.51.
Stockland Company Profile
Stockland (ASX:SGP) was founded in 1952 and has grown to become one of Australia's largest diversified property groups – owning, developing and managing a large portfolio of shopping centres, residential communities, workplace and logistic assets and retirement living villages. Stockland is consistently rated as one of the most sustainable real estate companies in the world by the Dow Jones Sustainability World Index (DJSI).
- Get a free copy of the StockNews.com research report on Stockland (STKAF)
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