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Berkeley Group (OTCMKTS:BKGFY) Sees Large Volume Increase - Should You Buy?

Berkeley Group logo with Finance background

Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY - Get Free Report) shares saw an uptick in trading volume on Monday . 1,830,820 shares were traded during mid-day trading, an increase of 688% from the previous session's volume of 232,260 shares.The stock last traded at $9.83 and had previously closed at $9.86.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on BKGFY. UBS Group raised Berkeley Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 28th. Royal Bank Of Canada raised Berkeley Group from a "strong sell" rating to a "moderate buy" rating in a research note on Wednesday, July 9th.

Get Our Latest Stock Report on Berkeley Group

Berkeley Group Price Performance

The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.61 and a current ratio of 3.36. The company has a 50 day simple moving average of $10.98 and a 200 day simple moving average of $10.17.

About Berkeley Group

(Get Free Report)

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.

Further Reading

Should You Invest $1,000 in Berkeley Group Right Now?

Before you consider Berkeley Group, you'll want to hear this.

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