GNL Makes Bullish Cross Above Critical Moving Average
In trading on Friday, shares of Global Net Lease Inc (Symbol: GNL) crossed above their 200 day moving average of $7.78, changing hands as high as $8.00 per share. Global Net Lease Inc shares are currently trading up about 5.9% on the day. The chart below shows the one year performance of GNL shares, versus its 200 day moving average:
Looking at the chart above, GNL's low point in its 52 week range is $6.52 per share, with $9.105 as the 52 week high point — that compares with a last trade of $8.00.
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