SEGRO (OTCMKTS:SEGXF - Get Free Report) shares were down 3.4% during trading on Wednesday . The company traded as low as $9.37 and last traded at $9.37. Approximately 2,129 shares changed hands during mid-day trading, an increase of 1,530% from the average daily volume of 131 shares. The stock had previously closed at $9.70.
Wall Street Analysts Forecast Growth
A number of analysts have commented on SEGXF shares. UBS Group upgraded SEGRO from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 11th. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of SEGRO in a research report on Tuesday, May 13th. Three analysts have rated the stock with a hold rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy".
Read Our Latest Stock Report on SEGXF
SEGRO Price Performance
The company has a debt-to-equity ratio of 0.38, a quick ratio of 8.44 and a current ratio of 8.44. The firm has a 50-day moving average of $9.10 and a 200-day moving average of $8.90.
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.
Further Reading
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