Shares of Big Yellow Group Plc (OTCMKTS:BYLOF) rose 17.7% on Friday . The stock traded as high as $17.85 and last traded at $17.85. Approximately 750 shares were traded during mid-day trading, an increase of 35% from the average daily volume of 557 shares. The stock had previously closed at $15.17.
Separately, Berenberg Bank reissued a “hold” rating on shares of Big Yellow Group in a report on Wednesday, January 20th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold”.
The business’s 50 day moving average price is $15.23 and its 200-day moving average price is $15.12.
Big Yellow is the UK's brand leader in self storage. Big Yellow now operates from a platform of 103 stores, including 25 stores branded as Armadillo Self Storage, in which the Group has a 20% interest. We own a further 11 Big Yellow self storage development sites, of which eight have planning consent.
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