Generation Income Properties, Inc. (NASDAQ:GIPRW – Get Free Report) fell 13% during trading on Wednesday . The company traded as low as $0.38 and last traded at $0.38. 1,098 shares traded hands during mid-day trading, a decline of 73% from the average session volume of 4,067 shares. The stock had previously closed at $0.44.
Generation Income Properties Stock Down 13.0 %
The stock has a fifty day moving average of $0.42 and a 200 day moving average of $0.41.
About Generation Income Properties
generation income properties purchases assets with future generations in mind; hence its name. gip acquires the most conservative, credit-worthy, long term real estate assets with the understanding that the underlying real estate is ultimately irreplaceable. while the reit is established to provide a stable yield for long periods of time, special attention is paid to the intrinsic present and future value of the real estate in order to prepare for reusing the assets for other tenants after lease expirations.
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