Barchart.com's Chart of the Day - Global Medical REIT
Related Stocks
 GMRE - Global Medical REIT Inc
SymLastChgPct
GMRE13.00-1.13-8.00%

The Barchart Chart of the Day belongs to the medical facilities REIT - Global Medical (GMRE). I found the stock by sorting Barchart's New All-Time High list first by the most frequent number of new highs in the last month, then used the Flipchart function to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 11/11 the stock gained 4.96%.

Global Medical REIT Inc. is engaged primarily in the acquisition of licensed, state-of-the-art, purpose-built healthcare facilities and the leasing of these facilities to clinical operators. Global Medical REIT Inc. is based in Denver, United States.

GMRE

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.

Barchart technical indicators:

  • 100% technical buy signals
  • 43.90+ Weighted Alpha
  • 37.42% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 9.25% in the last month
  • Relative Strength Index 65.22%
  • Technical support level at 13.20
  • Recently traded at 13.13 with a 50 day moving average of 11.97

Fundamental factors:

  • Market Cap $495 million
  • P/E 17.76
  • Dividend yield 6.01%
  • Revenue expected to grow 75.50% this year and another 13.70% next year
  • Earnings estimated to compound at an annual rate of 9.00% for the next 5 years
  • Wall Street analysts issued 4 strong buy and 1 hold recommendation on the stock
  • The individual investors following the stock on Motley Fool voted 7 to 0 that the stock will beat the market
  • 3,614 investors are monitoring the stock on Seeking Alpha