Berkeley Group (OTCMKTS:BKGFY) Reaches New 12-Month Low – Should You Sell?

Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFYGet Free Report) reached a new 52-week low on Thursday . The company traded as low as $8.09 and last traded at $8.26, with a volume of 145180 shares. The stock had previously closed at $9.17.

Analyst Ratings Changes

A number of brokerages have recently commented on BKGFY. Citigroup reiterated a “neutral” rating on shares of Berkeley Group in a research note on Tuesday, December 16th. Zacks Research raised Berkeley Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 5th. Jefferies Financial Group upgraded Berkeley Group from a “hold” rating to a “buy” rating in a research report on Wednesday, December 3rd. Finally, Royal Bank Of Canada reissued an “underperform” rating on shares of Berkeley Group in a research note on Thursday, December 11th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Get Our Latest Stock Analysis on Berkeley Group

Berkeley Group Price Performance

The company has a current ratio of 3.54, a quick ratio of 0.65 and a debt-to-equity ratio of 0.19. The firm’s fifty day simple moving average is $10.92 and its 200-day simple moving average is $10.60.

Berkeley Group Company Profile

(Get Free Report)

Berkeley Group Holdings plc is a leading UK residential property developer specializing in urban regeneration and new-build communities. Founded in 1976 by Tony Pidgley, the company has built a reputation for delivering high-quality homes in London and the surrounding regions. Its core operations encompass land acquisition, planning, design, construction and sales, with an emphasis on creating mixed-use neighborhoods that integrate housing, public spaces and community amenities.

Over the decades, Berkeley Group has completed numerous landmark projects, including large-scale schemes at Kidbrooke Village, Royal Arsenal Riverside and Elephant Park in east London.

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