GOOD Stock Summary and Trading Ideas (Gladstone Commercial - Real Estate Investment Trust | NASDAQ:GOOD)

Gladstone Commercial Corp is a real estate investment trust, which engages in investing and owning net leased industrial, commercial, and retail real property and making long-term industrial and commercial mortgage loans. Its portfolio consists of single-tenant commercial, industrial real properties, and medical properties nationwide. Its principal investment objectives are to generate income from rental properties.

Gladstone Commercial - Real Estate Investment Trust trades on the NASDAQ stock market under the symbol GOOD.

As of April 24, 2024, GOOD stock price declined to $13.30 with 138,355 million shares trading.

GOOD has a beta of 1.02, meaning it tends to be more sensitive to market movements. GOOD has a correlation of 0.24 to the broad based SPY ETF.

GOOD has a market cap of $536.18 million. This is considered a Small Cap stock.

In the last 3 years, GOOD stock traded as high as $26.13 and as low as $10.84.

The top ETF exchange traded funds that GOOD belongs to (by Net Assets): VNQ, VTI, IWM, KBWY, VXF.

GOOD has underperformed the market in the last year with a return of +19.7%, while the SPY ETF gained +24.2%. In the last 3 month period, GOOD fell short of the market, returning +1.7%, while SPY returned +4.6%. However, in the most recent 2 weeks GOOD has outperformed the stock market by returning -2.5%, while SPY returned -2.7%.

GOOD support price is $13.19 and resistance is $13.59 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GOOD stock will trade within this expected range on the day.