Shaftesbury Capital (OTCMKTS:CCPPF) Stock Price Down 5.7% – Here’s Why

Shaftesbury Capital PLC (OTCMKTS:CCPPFGet Free Report)’s share price dropped 5.7% during mid-day trading on Tuesday . The company traded as low as $1.8350 and last traded at $1.8350. Approximately 2,728 shares changed hands during trading, an increase of 94% from the average daily volume of 1,405 shares. The stock had previously closed at $1.9450.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley downgraded Shaftesbury Capital from an “overweight” rating to a “market perform” rating in a report on Monday, September 1st. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold”.

Check Out Our Latest Analysis on CCPPF

Shaftesbury Capital Stock Performance

The firm has a 50-day moving average of $2.07 and a two-hundred day moving average of $2.01.

Shaftesbury Capital Company Profile

(Get Free Report)

Shaftesbury Capital PLC ("Shaftesbury Capital") is the leading central London mixed-use REIT and is a constituent of the FTSE-250 Index. Our property portfolio, valued at £4.8 billion at December 2023, extends to 2.9 million square feet of lettable space across the most vibrant areas of London's West End.

Further Reading

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