SEGRO (OTCMKTS:SEGXF) Hits New 52-Week Low – Here’s Why

SEGRO Plc (OTCMKTS:SEGXFGet Free Report)’s share price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $8.35 and last traded at $8.98, with a volume of 2447 shares. The stock had previously closed at $8.89.

Analyst Upgrades and Downgrades

Separately, Barclays cut shares of SEGRO from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 27th.

Get Our Latest Analysis on SEGXF

SEGRO Stock Performance

The business’s 50 day moving average is $10.05 and its two-hundred day moving average is $11.10.

About SEGRO

(Get Free Report)

SEGRO is a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris, and is a leading owner, manager and developer of modern warehouses and industrial property. It owns or manages 10.8 million square metres of space (116 million square feet) valued at £20.6 billion serving customers from a wide range of industry sectors.

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