The Berkeley Group (OTCMKTS:BKGFY) Stock Crosses Below Fifty Day Moving Average – What’s Next?

The Berkeley Group Holdings plc (OTCMKTS:BKGFY) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $9.48 and traded as low as $9.42. The Berkeley Group shares last traded at $9.50, with a volume of 182,868 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Barclays upgraded The Berkeley Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th.

The Berkeley Group Stock Performance

The company has a 50 day moving average price of $9.47 and a 200-day moving average price of $11.02. The company has a quick ratio of 0.66, a current ratio of 3.46 and a debt-to-equity ratio of 0.19.

The Berkeley Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, April 14th. Stockholders of record on Monday, March 10th will be paid a $0.0833 dividend. The ex-dividend date of this dividend is Monday, March 10th.

The Berkeley Group Company Profile

The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development and ancillary activities in the United Kingdom. The company is involved in land selling activities. It operates under the Berkeley, St Edward, St George, St James, St Joseph, and St William brand names.