Warehouses De Pauw (OTCMKTS:WDPSF) Stock Price Down 2.4% – Time to Sell?

Warehouses De Pauw SA (OTCMKTS:WDPSF) shares dropped 2.4% during mid-day trading on Friday. The company traded as low as $20.8250 and last traded at $21.50. 381 shares were traded during trading, an increase of 77% from the average session volume of 215 shares. The stock had previously closed at $22.03.

Analyst Upgrades and Downgrades

WDPSF has been the subject of several analyst reports. Citigroup upgraded Warehouses De Pauw to an “outperform” rating in a research note on Thursday, September 24th. Morgan Stanley raised shares of Warehouses De Pauw to an “overweight” rating in a report on Tuesday, September 1st. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Warehouses De Pauw Price Performance

The firm’s fifty day moving average price is $24.66 and its two-hundred day moving average price is $25.89.

Warehouses De Pauw Company Profile

Warehouses De Pauw NV (WDP) is a Belgian real estate company specializing in logistics and industrial properties. The company develops, owns, leases and manages warehouses, distribution centers and other commercial real estate used for storage, supply-chain operations and light industrial activities.

WDP serves businesses across key European logistics markets, with a portfolio focused primarily on the Benelux region, France, Germany and Romania. Its activities include property development, redevelopment, acquisitions, asset management and the provision of tailored warehouse facilities for tenants in sectors such as retail, consumer goods, manufacturing and logistics services.

Founded in 1977, WDP has grown into a major European logistics real estate platform.