Free Trial

SEGRO (OTCMKTS:SEGXF) Sees Strong Trading Volume - Here's Why

SEGRO logo with Finance background

Key Points

  • SEGRO shares experienced a significant increase in trading volume on Tuesday, with 4,663 shares traded, marking a 113% rise from the previous trading session.
  • The stock's last traded price was $8.68, up 1.2% from its previous close of $8.50.
  • Deutsche Bank has reissued a "hold" rating on SEGRO shares in a recent research report, indicating a cautious outlook for investors.
  • Want stock alerts on SEGRO? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Shares of SEGRO (OTCMKTS:SEGXF - Get Free Report) saw strong trading volume on Tuesday . 4,663 shares traded hands during mid-day trading, an increase of 113% from the previous session's volume of 2,188 shares.The stock last traded at $8.68 and had previously closed at $8.50.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of SEGRO in a research note on Tuesday, May 13th.

Check Out Our Latest Stock Analysis on SEGXF

SEGRO Price Performance

The company has a debt-to-equity ratio of 0.38, a current ratio of 8.44 and a quick ratio of 8.44. The company has a 50-day moving average price of $9.07 and a two-hundred day moving average price of $8.93.

About SEGRO

(Get Free Report)

SEGRO is a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris, and is a leading owner, manager and developer of modern warehouses and industrial property. It owns or manages 10.8 million square metres of space (116 million square feet) valued at £20.6 billion serving customers from a wide range of industry sectors.

See Also

Should You Invest $1,000 in SEGRO Right Now?

Before you consider SEGRO, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SEGRO wasn't on the list.

While SEGRO currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Stocks With Explosive Upside
September Slowdown: 3 Stocks to Buy When the Pullback Comes
3 Overlooked Stocks Riding the AI Data Center Boom

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines