Shares of Global Net Lease Inc. (NYSE:GNL) traded today at $20.07, eclipsing its 52-week high. Approximately 225,000 shares have changed hands today, as compared to an average 30-day volume of 563,000 shares.
Global Net Lease Inc. (NYSE:GNL) is currently priced 37.5% above its average consensus analyst price target of $12.49.
Global Net Lease Inc is a real estate investment trust that manages a globally diversified portfolio of commercial real estate properties. The company is engaged in the ownership, management, operating, lease, acquisition, investment, and sale of the portfolio assets. Its real estate assets span the United States, the United Kingdom, Germany, the Netherlands, Belgium, Luxembourg, France, and Finland. The portfolio assets include office, industrial and distribution, retail, and other, with office buildings representing more than half of the properties.
In the past 52 weeks, Global Net Lease Inc. share prices are bracketed by a low of $13.95 and a high of $20.07 and is now at $19.99, 43% above that low price.
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