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SEGRO (OTCMKTS:SEGXF) Sees Unusually-High Trading Volume - Should You Buy?

SEGRO logo with Finance background
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Key Points

  • Trading: SEGRO traded 1,200 shares on Thursday (down 24% from the prior session) and last traded at $9.30, below the previous close of $9.56.
  • Analyst sentiment: Analysts are mixed—1 Buy, 4 Hold and 2 Sell—with recent upgrades (Jefferies) and downgrades (Goldman Sachs, UBS) leaving a MarketBeat consensus rating of "Reduce".
  • Fundamentals & technicals: The company shows low liquidity (quick and current ratios of 0.50) and modest leverage (debt-to-equity 0.36); the 50-day moving average ($10.28) is above the current price while the 200-day average is $9.64, indicating short-term weakness.
  • Interested in SEGRO? Here are five stocks we like better.

SEGRO (OTCMKTS:SEGXF - Get Free Report) shares saw strong trading volume on Thursday . 1,200 shares changed hands during trading, a decline of 24% from the previous session's volume of 1,584 shares.The stock last traded at $9.30 and had previously closed at $9.56.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on SEGXF shares. Jefferies Financial Group upgraded SEGRO from a "hold" rating to a "buy" rating in a research report on Monday, January 26th. Zacks Research upgraded SEGRO to a "hold" rating in a research note on Wednesday, March 11th. The Goldman Sachs Group cut SEGRO from a "strong-buy" rating to a "hold" rating in a report on Thursday, February 26th. Finally, UBS Group downgraded shares of SEGRO from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 4th. One analyst has rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Reduce".

Read Our Latest Research Report on SEGXF

SEGRO Price Performance

The company has a quick ratio of 0.50, a current ratio of 0.50 and a debt-to-equity ratio of 0.36. The business's fifty day moving average is $10.28 and its two-hundred day moving average is $9.64.

About SEGRO

(Get Free Report)

SEGRO PLC OTCMKTS: SEGXF is a leading real estate investment trust specializing in the ownership, development and management of modern warehousing, light industrial and urban logistics properties. As a FTSE 100 company, SEGRO’s portfolio encompasses a broad range of distribution centres, last-mile facilities and multi-let industrial estates designed to support high-growth sectors such as e-commerce, retail and manufacturing.

The company traces its origins to the Slough Trading Company, established in 1920, and underwent a major rebranding in 2009 to become SEGRO, reflecting its pan-European ambitions.

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