Global Medical Reit Stock Price History
| GMRE Stock | USD 8.11 0.02 0.25% |
Below is the normalized historical share price chart for Global Medical REIT extending back to June 21, 2013. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Global Medical stands at 8.11, as last reported on the 27th of April, with the highest price reaching 8.21 and the lowest price hitting 8.09 during the day.
If you're considering investing in Global Stock, it is important to understand the factors that can impact its price. Global Medical REIT holds Efficiency (Sharpe) Ratio of -0.18, which attests that the entity had a -0.18% return per unit of risk over the last 3 months. Global Medical REIT exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Global Medical's Market Risk Adjusted Performance of 2.07, standard deviation of 1.85, and Risk Adjusted Performance of (0.1) to validate the risk estimate we provide.
At present, Global Medical's Common Stock Total Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 1.3 B, whereas Capital Stock is forecasted to decline to about 82.5 M. . At present, Global Medical's Price Book Value Ratio is projected to decrease significantly based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 11.16, whereas Price Earnings To Growth Ratio is projected to grow to (0.09). Global Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 29th of June 2016 | 200 Day MA 9.5228 | 50 Day MA 8.7802 | Beta 1.146 |
Global |
Sharpe Ratio = -0.181
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GMRE |
Estimated Market Risk
| 1.87 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Global Medical is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Global Medical by adding Global Medical to a well-diversified portfolio.
Price Book 1.0716 | Enterprise Value Ebitda 11.0862 | Price Sales 4.1587 | Shares Float 61.8 M | Dividend Share 0.84 |
Global Medical Stock Price History Chart
There are several ways to analyze Global Stock price data. The simplest method is using a basic Global candlestick price chart, which shows Global Medical price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
| Highest Price | February 1, 2024 | 9.97 |
| Lowest Price | April 16, 2024 | 7.98 |
Global Medical April 27, 2024 Stock Price Synopsis
Various analyses of Global Medical's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Global Stock. It can be used to describe the percentage change in the price of Global Medical from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Global Stock.| Global Medical Accumulation Distribution | 4,766 | |
| Global Medical Price Daily Balance Of Power | 0.17 | |
| Global Medical Price Action Indicator | (0.03) | |
| Global Medical Price Rate Of Daily Change | 1.00 |
Global Medical April 27, 2024 Stock Price Analysis
Global Stock Price History Data
The price series of Global Medical for the period between Sun, Jan 28, 2024 and Sat, Apr 27, 2024 has a statistical range of 2.17 with a coefficient of variation of 6.63. Under current investment horizon, the daily prices are spread out with arithmetic mean of 8.88. The median price for the last 90 days is 8.73. The company completed 1:400 stock split on 17th of November 2014. Global Medical REIT completed dividends distribution on 2024-03-21.| Open | High | Low | Close | Volume | ||
| 04/26/2024 | 8.13 | 8.21 | 8.09 | 8.11 | 326,105 | |
| 04/25/2024 | 8.08 | 8.17 | 8.06 | 8.09 | 277,313 | |
| 04/24/2024 | 8.17 | 8.20 | 8.05 | 8.16 | 507,542 | |
| 04/23/2024 | 8.20 | 8.29 | 8.15 | 8.19 | 355,490 | |
| 04/22/2024 | 8.23 | 8.28 | 8.15 | 8.20 | 391,870 | |
| 04/19/2024 | 8.09 | 8.24 | 8.09 | 8.19 | 416,692 | |
| 04/18/2024 | 8.09 | 8.15 | 8.06 | 8.12 | 303,439 | |
| 04/17/2024 | 8.03 | 8.15 | 8.02 | 8.06 | 299,675 | |
| 04/16/2024 | 8.15 | 8.16 | 7.98 | 7.98 | 548,252 | |
| 04/15/2024 | 8.33 | 8.36 | 8.17 | 8.18 | 440,888 | |
| 04/12/2024 | 8.28 | 8.33 | 8.22 | 8.31 | 348,502 | |
| 04/11/2024 | 8.33 | 8.37 | 8.25 | 8.28 | 369,556 | |
| 04/10/2024 | 8.41 | 8.46 | 8.24 | 8.29 | 859,009 | |
| 04/09/2024 | 8.56 | 8.68 | 8.51 | 8.64 | 382,718 | |
| 04/08/2024 | 8.50 | 8.59 | 8.41 | 8.49 | 283,431 | |
| 04/05/2024 | 8.40 | 8.56 | 8.35 | 8.48 | 257,564 | |
| 04/04/2024 | 8.63 | 8.68 | 8.41 | 8.42 | 324,973 | |
| 04/03/2024 | 8.40 | 8.57 | 8.40 | 8.53 | 232,768 | |
| 04/02/2024 | 8.55 | 8.60 | 8.42 | 8.50 | 357,195 | |
| 04/01/2024 | 8.74 | 8.75 | 8.57 | 8.64 | 302,387 | |
| 03/28/2024 | 8.60 | 8.81 | 8.60 | 8.75 | 484,051 | |
| 03/27/2024 | 8.40 | 8.64 | 8.40 | 8.60 | 464,194 | |
| 03/26/2024 | 8.43 | 8.47 | 8.30 | 8.30 | 468,174 | |
| 03/25/2024 | 8.34 | 8.42 | 8.31 | 8.38 | 581,522 | |
| 03/22/2024 | 8.68 | 8.71 | 8.32 | 8.33 | 596,582 | |
| 03/21/2024 | 8.74 | 8.80 | 8.63 | 8.67 | 646,782 | |
| 03/20/2024 | 8.68 | 8.96 | 8.62 | 8.71 | 388,277 | |
| 03/19/2024 | 8.67 | 8.78 | 8.51 | 8.51 | 417,561 | |
| 03/18/2024 | 8.75 | 8.82 | 8.48 | 8.48 | 387,813 | |
| 03/15/2024 | 8.62 | 8.76 | 8.53 | 8.53 | 995,603 | |
| 03/14/2024 | 8.87 | 8.88 | 8.48 | 8.48 | 654,029 | |
| 03/13/2024 | 8.94 | 9.02 | 8.72 | 8.72 | 336,517 | |
| 03/12/2024 | 9.06 | 9.11 | 8.73 | 8.73 | 563,275 | |
| 03/11/2024 | 8.88 | 9.11 | 8.85 | 8.89 | 405,810 | |
| 03/08/2024 | 8.96 | 9.07 | 8.68 | 8.68 | 408,615 | |
| 03/07/2024 | 9.02 | 9.07 | 8.65 | 8.65 | 318,928 | |
| 03/06/2024 | 9.08 | 9.15 | 8.77 | 8.77 | 326,041 | |
| 03/05/2024 | 9.07 | 9.15 | 8.79 | 8.79 | 344,807 | |
| 03/04/2024 | 9.07 | 9.14 | 8.91 | 8.91 | 264,430 | |
| 03/01/2024 | 8.95 | 9.06 | 8.82 | 8.82 | 297,240 | |
| 02/29/2024 | 8.93 | 9.02 | 8.74 | 8.74 | 488,634 | |
| 02/28/2024 | 9.24 | 9.24 | 8.55 | 8.55 | 817,858 | |
| 02/27/2024 | 9.38 | 9.45 | 9.15 | 9.15 | 293,746 | |
| 02/26/2024 | 9.40 | 9.46 | 9.06 | 9.06 | 313,973 | |
| 02/23/2024 | 9.34 | 9.51 | 9.22 | 9.22 | 322,048 | |
| 02/22/2024 | 9.44 | 9.44 | 9.15 | 9.15 | 293,261 | |
| 02/21/2024 | 9.43 | 9.55 | 9.23 | 9.23 | 272,259 | |
| 02/20/2024 | 9.46 | 9.57 | 9.26 | 9.26 | 320,701 | |
| 02/16/2024 | 9.58 | 9.68 | 9.35 | 9.35 | 274,600 | |
| 02/15/2024 | 9.55 | 9.77 | 9.53 | 9.53 | 352,237 | |
| 02/14/2024 | 9.39 | 9.51 | 9.23 | 9.23 | 333,045 | |
| 02/13/2024 | 9.40 | 9.41 | 9.07 | 9.07 | 467,082 | |
| 02/12/2024 | 9.63 | 9.76 | 9.48 | 9.48 | 292,194 | |
| 02/09/2024 | 9.54 | 9.63 | 9.39 | 9.39 | 275,015 | |
| 02/08/2024 | 9.41 | 9.57 | 9.32 | 9.32 | 373,282 | |
| 02/07/2024 | 9.63 | 9.63 | 9.21 | 9.21 | 479,617 | |
| 02/06/2024 | 9.53 | 9.69 | 9.40 | 9.40 | 288,416 | |
| 02/05/2024 | 9.73 | 9.75 | 9.34 | 9.34 | 352,346 | |
| 02/02/2024 | 10.04 | 10.19 | 9.65 | 9.65 | 397,478 | |
| 02/01/2024 | 10.11 | 10.22 | 9.97 | 9.97 | 650,416 | |
| 01/31/2024 | 10.35 | 10.43 | 9.87 | 9.87 | 330,477 |
About Global Medical Stock history
Global Medical investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Global is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Global Medical REIT will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Global Medical stock prices may prove useful in developing a viable investing in Global Medical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 65.5 M | 68.8 M | |
| Net Income Applicable To Common Shares | 15.3 M | 16.1 M |
Global Medical Stock Technical Analysis
Global Medical technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
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Global Medical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Global Medical's price direction in advance. Along with the technical and fundamental analysis of Global Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Global to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | 2.06 |
| Cycle Indicators | ||
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| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Medical REIT. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Global Stock analysis
When running Global Medical's price analysis, check to measure Global Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Global Medical is operating at the current time. Most of Global Medical's value examination focuses on studying past and present price action to predict the probability of Global Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Medical's price. Additionally, you may evaluate how the addition of Global Medical to your portfolios can decrease your overall portfolio volatility.
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Is Global Medical's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Global Medical. If investors know Global will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Global Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.61) | Dividend Share 0.84 | Earnings Share 0.23 | Revenue Per Share 2.152 | Quarterly Revenue Growth (0.09) |
The market value of Global Medical REIT is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Medical's value that differs from its market value or its book value, called intrinsic value, which is Global Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global Medical's market value can be influenced by many factors that don't directly affect Global Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.