Gladstone Commercial (GOOD) Cut to “Strong Sell” at BidaskClub
Gladstone Commercial (NASDAQ:GOOD) was downgraded by BidaskClub from a “sell” rating to a “strong sell” rating in a report released on Tuesday.
GOOD has been the topic of a number of other research reports. Zacks Investment Research upgraded Gladstone Commercial from a “hold” rating to a “buy” rating and set a $25.00 target price on the stock in a report on Wednesday, October 11th. Ladenburg Thalmann Financial Services restated a “hold” rating on shares of Gladstone Commercial in a report on Friday, December 1st. Janney Montgomery Scott started coverage on Gladstone Commercial in a report on Friday, September 8th. They issued a “buy” rating on the stock. Finally, ValuEngine lowered Gladstone Commercial from a “strong-buy” rating to a “buy” rating in a report on Monday, November 20th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $23.33.
Gladstone Commercial (NASDAQ:GOOD) traded up $0.03 during mid-day trading on Tuesday, hitting $21.52. The stock had a trading volume of 120,224 shares, compared to its average volume of 177,951. Gladstone Commercial has a 52 week low of $18.73 and a 52 week high of $23.35. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.78. The company has a market capitalization of $596.23, a price-to-earnings ratio of 14.28, a PEG ratio of 2.36 and a beta of 0.88.
Gladstone Commercial Company Profile
Gladstone Commercial Corporation is a real estate investment trust. The Company focuses on acquiring, owning and managing primarily office and industrial properties. The Company also makes long-term industrial and commercial mortgage loans. As of February 15, 2017, the Company owned 95 properties totaling 10.9 million square feet in 24 states.
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