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Berkeley Group (OTCMKTS:BKGFY) Shares Gap Down - Here's Why

Berkeley Group logo with Finance background

Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY - Get Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $11.82, but opened at $11.24. Berkeley Group shares last traded at $11.26, with a volume of 4,284 shares traded.

Analysts Set New Price Targets

Separately, UBS Group upgraded Berkeley Group from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 28th.

Check Out Our Latest Analysis on Berkeley Group

Berkeley Group Stock Down 9.2%

The business's 50 day moving average is $11.29 and its 200 day moving average is $10.19. The company has a quick ratio of 0.66, a current ratio of 3.46 and a debt-to-equity ratio of 0.19.

Berkeley Group Company Profile

(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.

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