GCM Grosvenor (NASDAQ:GCMGW) Stock Price Down 24.6% – Time to Sell?

GCM Grosvenor Inc. (NASDAQ:GCMGWGet Free Report) traded down 24.6% on Wednesday . The stock traded as low as $0.91 and last traded at $0.92. 19,649 shares changed hands during trading, a decline of 54% from the average session volume of 42,836 shares. The stock had previously closed at $1.22.

GCM Grosvenor Price Performance

The business’s 50-day moving average is $1.08 and its two-hundred day moving average is $0.86.

GCM Grosvenor Company Profile

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GCM Grosvenor Inc is global alternative asset management solutions provider. The firm primarily provides its services to pooled investment vehicles. It also provides its services to investment companies, high net worth individuals, pension and profit sharing plans and state or municipal government entities.

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