Short Interest in Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) Grows By 14.8%

Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) was the target of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 58,400 shares, a growth of 14.8% from the February 12th total of 50,885 shares. Based on an average daily trading volume, of 131,268 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 131,268 shares, the short-interest ratio is presently 0.4 days.

Analyst Ratings Changes

A number of analysts have commented on the stock. Jefferies Financial Group raised shares of Berkeley Group from a “hold” rating to a “buy” rating in a report on Wednesday, December 3rd. Royal Bank Of Canada reaffirmed an “underperform” rating on shares of Berkeley Group in a research note on Thursday, December 11th. Zacks Research upgraded Berkeley Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 5th. Citigroup reissued a “neutral” rating on shares of Berkeley Group in a research note on Tuesday, December 16th. Finally, The Goldman Sachs Group began coverage on Berkeley Group in a report on Monday, November 24th. They set a “sell” rating on the stock. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Berkeley Group Price Performance

OTCMKTS BKGFY opened at $9.90 on Wednesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.54 and a quick ratio of 0.65. The business has a 50 day simple moving average of $11.27 and a 200 day simple moving average of $10.64. Berkeley Group has a 52-week low of $9.03 and a 52-week high of $12.54.

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.