Berkeley Group (OTCMKTS:BKGFY) Trading Down 1.4% – What’s Next?

Shares of Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) were down 1.4% during trading on Monday . The stock traded as low as $10.49 and last traded at $10.51. Approximately 43,424 shares were traded during mid-day trading, a decline of 76% from the average daily volume of 180,093 shares. The stock had previously closed at $10.66.

Analysts Set New Price Targets

Several analysts have recently commented on BKGFY shares. Zacks Research lowered shares of Berkeley Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 29th. Royal Bank Of Canada upgraded shares of Berkeley Group from a “strong sell” rating to a “moderate buy” rating in a research report on Wednesday, July 9th. Finally, Kepler Capital Markets upgraded shares of Berkeley Group to a “hold” rating in a research report on Wednesday, July 23rd. Two research analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy”.

Berkeley Group Trading Down 1.4%

The stock’s 50-day moving average is $10.28 and its 200-day moving average is $10.54. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.61 and a current ratio of 3.36.

Berkeley Group Company Profile

The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development and ancillary activities in the United Kingdom. The company is involved in land selling activities. It operates under the Berkeley, St Edward, St George, St James, St Joseph, and St William brand names.