The Berkeley Group Holdings plc (OTCMKTS:BKGFY – Get Free Report) was the recipient of a large increase in short interest in February. As of February 15th, there was short interest totalling 15,000 shares, an increase of 455.6% from the January 31st total of 2,700 shares. Based on an average daily volume of 431,000 shares, the days-to-cover ratio is presently 0.0 days.
The Berkeley Group Price Performance
OTCMKTS BKGFY traded down $0.12 during mid-day trading on Thursday, reaching $9.45. 540,277 shares of the stock were exchanged, compared to its average volume of 347,418. The company has a quick ratio of 0.66, a current ratio of 3.46 and a debt-to-equity ratio of 0.19. The Berkeley Group has a 1-year low of $8.48 and a 1-year high of $15.11. The business’s fifty day simple moving average is $9.55 and its 200 day simple moving average is $11.23.
Analysts Set New Price Targets
Separately, Barclays upgraded shares of The Berkeley Group from a “hold” rating to a “strong-buy” rating in a report on Monday, January 6th.
The 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.
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