Global Healthcare REIT (OTCMKTS:GBCS) Stock Price Passes Below 50-Day Moving Average of $0.29

Global Healthcare REIT, Inc. (OTCMKTS:GBCS)’s share price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $0.29 and traded as low as $0.26. Global Healthcare REIT shares last traded at $0.26, with a volume of 5,500 shares.

The company has a fifty day moving average of $0.29.

Global Healthcare REIT Company Profile (OTCMKTS:GBCS)

Global Healthcare REIT, Inc (the Company or Global) was organized with the intent of operating as a real estate investment trust (REIT) for the purpose of investing in real estate and other assets related to the healthcare industry. Prior to the Company changing its name to Global Healthcare REIT, Inc on September 30, 2013, the Company was known as Global Casinos, Inc Global Casinos, Inc operated two gaming casinos which were split-off and sold on September 30, 2013.

Further Reading: Technical Analysis of Stocks and What It Means

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