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SEGRO (OTCMKTS:SEGXF) Sets New 1-Year Low - What's Next?

SEGRO logo with Finance background

Shares of SEGRO Plc (OTCMKTS:SEGXF - Get Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $8.17 and last traded at $8.17, with a volume of 3328 shares trading hands. The stock had previously closed at $8.93.

Analyst Upgrades and Downgrades

A number of research firms have commented on SEGXF. UBS Group upgraded SEGRO from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 11th. Hsbc Global Res cut SEGRO from a "strong-buy" rating to a "hold" rating in a research report on Monday, February 3rd.

Read Our Latest Stock Analysis on SEGXF

SEGRO Stock Performance

The stock has a 50 day moving average price of $8.82 and a 200 day moving average price of $9.43.

SEGRO Company Profile

(Get Free Report)

SEGRO is a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris, and is a leading owner, manager and developer of modern warehouses and industrial property. It owns or manages 10.8 million square metres of space (116 million square feet) valued at £20.6 billion serving customers from a wide range of industry sectors.

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