Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) Short Interest Update

Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 68,991 shares, a decrease of 26.7% from the November 30th total of 94,129 shares. Based on an average trading volume of 156,166 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 156,166 shares, the days-to-cover ratio is presently 0.4 days.

Berkeley Group Stock Down 0.0%

Shares of OTCMKTS:BKGFY opened at $10.69 on Wednesday. The company has a quick ratio of 0.65, a current ratio of 3.54 and a debt-to-equity ratio of 0.19. The stock’s 50-day moving average is $10.33 and its 200-day moving average is $10.20. Berkeley Group has a 52-week low of $8.48 and a 52-week high of $12.35.

Analysts Set New Price Targets

A number of research firms have recently weighed in on BKGFY. Jefferies Financial Group raised Berkeley Group from a “hold” rating to a “buy” rating in a research note on Wednesday, December 3rd. The Goldman Sachs Group assumed coverage on shares of Berkeley Group in a research note on Monday, November 24th. They set a “sell” rating on the stock. Royal Bank Of Canada reaffirmed an “underperform” rating on shares of Berkeley Group in a research note on Thursday, December 11th. Finally, Citigroup reissued a “neutral” rating on shares of Berkeley Group in a research report on Tuesday, December 16th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average 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.