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Derwent London (OTCMKTS:DWVYF) Shares Down 14.9% - Time to Sell?

Derwent London logo with Finance background

Shares of Derwent London Plc (OTCMKTS:DWVYF - Get Free Report) fell 14.9% on Monday . The stock traded as low as $22.90 and last traded at $22.90. 500 shares changed hands during mid-day trading, a decline of 60% from the average session volume of 1,250 shares. The stock had previously closed at $26.90.

Derwent London Stock Performance

The firm has a fifty day simple moving average of $24.06 and a 200-day simple moving average of $26.34.

About Derwent London

(Get Free Report)

Derwent London plc owns 66 buildings in a commercial real estate portfolio predominantly in central London valued at £4.9 billion as at 31 December 2023, making it the largest London office-focused real estate investment trust (REIT). Our experienced team has a long track record of creating value throughout the property cycle by regenerating our buildings via development or refurbishment, effective asset management and capital recycling.

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