Klépierre (OTCMKTS:KLPEF) Shares Down 0.4% – Time to Sell?

Klépierre SA (OTCMKTS:KLPEFGet Free Report) fell 0.4% during mid-day trading on Thursday . The company traded as low as $29.70 and last traded at $29.70. 668 shares changed hands during trading, an increase of 28% from the average session volume of 522 shares. The stock had previously closed at $29.81.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group downgraded Klépierre from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 4th.

Get Our Latest Report on Klépierre

Klépierre Stock Performance

The business’s 50-day simple moving average is $29.18 and its 200 day simple moving average is $30.13.

About Klépierre

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Klépierre SA is the European leader in shopping malls, combining property development and asset management skills. The Company's portfolio is valued at 19.3 billion at December 31, 2023, and comprises large shopping centers in more than 10 countries in Continental Europe which together host hundreds of millions of visitors per year.

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