Global Net Lease Shares Surpass 200-Day Moving Average

In trading on Friday, shares of Global Net Lease Inc (Symbol: GNL) rose above their 200-day moving average of $7.78, reaching a peak of $8.00 per share. As a result, Global Net Lease Inc shares are currently trading up about 5.9% for the day. The chart below illustrates the one-year performance of GNL shares in relation to its 200-day moving average:

The chart indicates that GNL’s low point in its 52-week range stands at $6.52 per share, while the 52-week high is $9.105. The latest trade price of $8.00 places it well within this range.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.