Berkeley Group (OTCMKTS:BKGFY) Shares Down 8.4% – Here’s Why

Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY)’s share price was down 8.4% on Friday . The company traded as low as $10.36 and last traded at $10.41. Approximately 1,779 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 229,117 shares. The stock had previously closed at $11.36.

Analyst Upgrades and Downgrades

Separately, UBS Group upgraded Berkeley Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 28th.

Berkeley Group Stock Performance

The company has a current ratio of 3.46, a quick ratio of 0.66 and a debt-to-equity ratio of 0.19. The company’s 50-day moving average price is $11.29 and its 200 day moving average price is $10.19.

Berkeley Group Company Profile

The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development and ancillary activities in the United Kingdom. The company is involved in land selling activities. It operates under the Berkeley, St Edward, St George, St James, St Joseph, and St William brand names.