Global Medical REIT Inc (NYSE:GMRE) was downgraded by equities research analysts at Compass Point from a “buy” rating to a “neutral” rating in a note issued to investors on Tuesday.

Separately, DA Davidson reiterated a “buy” rating on shares of Global Medical REIT in a research note on Monday, July 25th.

Shares of Global Medical REIT (NYSE:GMRE) traded down 2.97% during trading on Tuesday, reaching $10.12. 76,662 shares of the company traded hands. The stock’s 50 day moving average is $10.62 and its 200 day moving average is $10.55. The company’s market capitalization is $178.16 million. Global Medical REIT has a 1-year low of $9.52 and a 1-year high of $11.38.

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