Swiss Prime Site AG (OTCMKTS:SWPRF – Get Free Report)’s stock price dropped 16.9% during trading on Friday. The company traded as low as $141.5075 and last traded at $141.5075. Approximately 169 shares changed hands during trading, a decline of 53% from the average session volume of 356 shares. The stock had previously closed at $170.2550.
Analyst Upgrades and Downgrades
Separately, Barclays lowered shares of Swiss Prime Site from an “overweight” rating to a “reduce” rating in a research note on Monday, August 24th. Two analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce”.
Get Our Latest Analysis on SWPRF
Swiss Prime Site Stock Down 16.9%
About Swiss Prime Site
Swiss Prime Site AG (OTCMKTS:SWPRF) is a Switzerland-based real estate company focused on owning, developing and managing high-quality properties. Its portfolio has historically included office buildings, retail properties, hotels, logistics facilities and other commercial real estate, with a primary geographic focus on Switzerland.
The company generates value through long-term real estate investment, property development and asset management. Through its real estate activities, Swiss Prime Site serves corporate tenants, retailers, hospitality operators and other commercial users.
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