Global Education Communities Corp. (TSE:GEC – Get Free Report)’s stock price fell 3.4% during trading on Thursday. The stock traded as low as C$0.28 and last traded at C$0.28. Approximately 10,060 shares traded hands during mid-day trading, a decline of 59% from the average session volume of 24,693 shares. The stock had previously closed at C$0.29.
Global Education Communities Price Performance
The stock has a fifty day moving average price of C$0.27 and a two-hundred day moving average price of C$0.30. The company has a market cap of C$19.22 million, a P/E ratio of 0.93 and a beta of 1.09.
About Global Education Communities
Global Education Communities is a Canada-based company focused on acquiring, developing and managing purpose-built student housing assets across key markets in Europe. The company seeks high-quality properties positioned near major universities, offering accommodation solutions designed to meet the evolving needs of domestic and international students.
The company’s primary business activities include sourcing and underwriting off-market and on-market transactions, undertaking selective development and renovation projects, and overseeing day-to-day property management.
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