Global Education Communities (TSE:GEC) Stock Price Up 1.5% – Should You Buy?

Global Education Communities Corp. (TSE:GEC)’s share price shot up 1.5% on Friday . The company traded as high as C$0.34 and last traded at C$0.34. 7,546 shares changed hands during trading, a decline of 74% from the average session volume of 28,535 shares. The stock had previously closed at C$0.34.

Analyst Upgrades and Downgrades

Separately, Fundamental Research set a C$1.11 price target on Global Education Communities and gave the company a “buy” rating in a report on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Strong Buy” and a consensus target price of C$1.11.

Global Education Communities Stock Up 1.5%

The company has a market cap of C$23.26 million, a PE ratio of 1.06 and a beta of 0.80. The business’s fifty day moving average is C$0.35 and its 200-day moving average is C$0.36.

About Global Education Communities

Global Education Communities is a Canada-based company focused on acquiring, developing and managing purpose-built student housing assets across key markets in Europe. The company seeks high-quality properties positioned near major universities, offering accommodation solutions designed to meet the evolving needs of domestic and international students.

The company’s primary business activities include sourcing and underwriting off-market and on-market transactions, undertaking selective development and renovation projects, and overseeing day-to-day property management.