Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) Short Interest Down 24.4% in March

Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) was the recipient of a significant decrease in short interest in March. As of March 13th, there was short interest totaling 44,148 shares, a decrease of 24.4% from the February 26th total of 58,400 shares. Based on an average trading volume of 141,962 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the stock are short sold.

Berkeley Group Price Performance

BKGFY opened at $9.10 on Tuesday. The company has a current ratio of 3.54, a quick ratio of 0.65 and a debt-to-equity ratio of 0.19. Berkeley Group has a one year low of $8.99 and a one year high of $12.54. The business’s fifty day moving average is $11.00 and its two-hundred day moving average is $10.62.

Analyst Upgrades and Downgrades

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

Berkeley Group Company Profile

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.