SEGRO (OTCMKTS:SEGXF - Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $8.50, but opened at $8.99. SEGRO shares last traded at $8.77, with a volume of 800 shares changing hands.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on the stock. Barclays cut shares of SEGRO from a "hold" rating to a "strong sell" rating in a report on Monday, August 18th. The Goldman Sachs Group upgraded shares of SEGRO from a "hold" rating to a "buy" rating in a report on Monday, September 8th. Finally, BNP Paribas cut shares of SEGRO to an "underperform" rating in a report on Wednesday, September 10th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, SEGRO presently has an average rating of "Hold".
Read Our Latest Stock Analysis on SEGRO
SEGRO Stock Performance
The company has a debt-to-equity ratio of 0.35, a current ratio of 0.31 and a quick ratio of 8.44. The firm's 50-day simple moving average is $8.69 and its 200 day simple moving average is $8.87.
About SEGRO
(
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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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