MarketBeat Market update
Gladstone Commercial (NASDAQ:GOOD) Shares Cross Above Two Hundred Day Moving Average - What's Next?
Gladstone Commercial (NASDAQ:GOOD) stock recently crossed above its 200-day moving average, trading as high as $12.72 before closing at $12.60. Despite this, analysts maintain a "Hold" rating with a consensus price target of $12.83. The REIT also exceeded earnings expectations with $0.11 per share and announced a $0.10 monthly dividend, representing a 9.5% yield.