Klepierre (OTCMKTS:KLPEF) Shares Gap Down – Here’s What Happened

Klepierre (OTCMKTS:KLPEF) gapped down prior to trading on Thursday . The stock had previously closed at $40.32, but opened at $35.55. Klepierre shares last traded at $35.55, with a volume of 116 shares trading hands.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. The Goldman Sachs Group restated a “neutral” rating on shares of Klepierre in a research report on Friday, December 5th. Citigroup reiterated a “buy” rating on shares of Klepierre in a research report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Klepierre Stock Performance

The company has a 50-day moving average of $38.95 and a 200-day moving average of $38.85. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.71 and a quick ratio of 0.71.

Klepierre Company Profile

Klepierre SA is a French real estate investment trust (REIT) specializing in the ownership, management and development of high-quality shopping centers across Europe. Headquartered in Paris, the company focuses on creating sustainable retail destinations and enhancing consumer experiences through targeted asset management, tenant mix optimization and modernization projects.

With a portfolio encompassing more than 70 regional shopping centers and prime retail destinations in countries such as France, Italy, Spain, Germany, Sweden and the Netherlands, Klepierre engages in the full property lifecycle.