Unibail-Rodamco-Westfield (OTCMKTS:UNBLF) Shares Down 2.2% – Time to Sell?

Unibail-Rodamco-Westfield SE (OTCMKTS:UNBLF)’s stock price was down 2.2% on Tuesday . The stock traded as low as $106.83 and last traded at $106.83. Approximately 31 shares changed hands during mid-day trading, a decline of 63% from the average daily volume of 83 shares. The stock had previously closed at $109.2875.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Unibail-Rodamco-Westfield in a report on Monday, December 1st. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Unibail-Rodamco-Westfield currently has an average rating of “Buy”.

Unibail-Rodamco-Westfield Stock Down 2.2%

The company has a 50 day moving average of $107.09 and a two-hundred day moving average of $103.28.

About Unibail-Rodamco-Westfield

Unibail-Rodamco-Westfield is a leading global commercial real estate company specializing in the ownership, development and management of flagship shopping destinations, office spaces and convention centres. Formed in 2018 through the merger of European shopping centre specialist Unibail-Rodamco and Australia-based Westfield Corporation, the company brought together two long-standing retail property platforms to create one of the world’s largest listed commercial real estate firms.

The company’s core business activities are centered on premier retail real estate, with a portfolio that includes high-footfall shopping centres, mixed-use urban developments and experiential retail venues.