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SEGRO (OTCMKTS:SEGXF) Shares Gap Down - Here's Why

SEGRO logo with Finance background

SEGRO (OTCMKTS:SEGXF - Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $9.00, but opened at $8.75. SEGRO shares last traded at $8.75, with a volume of 1,003 shares trading hands.

Wall Street Analyst Weigh In

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

Read Our Latest Stock Report on SEGXF

SEGRO Price Performance

The company has a current ratio of 8.44, a quick ratio of 8.44 and a debt-to-equity ratio of 0.38. The business has a 50-day moving average price of $9.17 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.

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