Global Medical REIT (NYSE:XRN) Shares Pass Below 200-Day Moving Average – Here’s Why

04 Apr 2026, 00:34 by Teresa Graham · The Cerbat Gem

Global Medical REIT Inc. (NYSE:XRN – Get Free Report)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $34.16 and traded as low as $32.23. Global Medical REIT shares last traded at $33.19, with a volume of 99,750 shares.

Analyst Ratings Changes

Separately, Weiss Ratings raised Global Medical REIT from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $40.50.

Get Our Latest Stock Report on Global Medical REIT

Global Medical REIT Trading Down 0.2%

The firm has a market capitalization of $439.10 million, a price-to-earnings ratio of -36.88 and a beta of 1.16. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.61 and a quick ratio of 0.61. The firm’s 50-day simple moving average is $35.46 and its 200 day simple moving average is $34.16.

Global Medical REIT Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, June 12th. Stockholders of record on Wednesday, May 20th will be paid a $0.25 dividend. The ex-dividend date is Wednesday, May 20th. This represents a c) annualized dividend and a dividend yield of 9.0%. Global Medical REIT’s dividend payout ratio (DPR) is presently -333.33%.

Institutional Trading of Global Medical REIT

Several institutional investors and hedge funds have recently modified their holdings of XRN. Caitong International Asset Management Co. Ltd boosted its stake in Global Medical REIT by 1,001.4% in the third quarter. Caitong International Asset Management Co. Ltd now owns 793 shares of the company’s stock valued at $27,000 after buying an additional 721 shares in the last quarter. Fifth Third Bancorp acquired a new position in Global Medical REIT during the third quarter worth about $35,000. New York State Teachers Retirement System acquired a new position in Global Medical REIT during the third quarter worth about $39,000. Tower Research Capital LLC TRC lifted its holdings in shares of Global Medical REIT by 70.3% in the second quarter. Tower Research Capital LLC TRC now owns 7,379 shares of the company’s stock worth $51,000 after acquiring an additional 3,046 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. acquired a new stake in shares of Global Medical REIT in the 2nd quarter valued at approximately $78,000. 57.52% of the stock is currently owned by institutional investors.

About Global Medical REIT

(Get Free Report)

Global Medical REIT (NYSE: GMRE) is a real estate investment trust focused on owning and managing healthcare-related properties across the United States. The company acquires, develops and leases a diversified portfolio of medical office buildings, outpatient facilities, long-term care centers and other specialized healthcare real estate. By concentrating on essential healthcare assets, Global Medical REIT seeks to generate stable, long-term rental income under triple-net and modified gross lease structures.