Warehouses De Pauw (OTCMKTS:WDPSF) Shares Down 2.4% – Time to Sell?

Warehouses De Pauw SA (OTCMKTS:WDPSF)’s share price fell 2.4% on Friday. The company traded as low as $20.8250 and last traded at $21.50. Approximately 381 shares changed hands during trading, an increase of 77% from the average session volume of 215 shares. The stock had previously closed at $22.03.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on WDPSF. Morgan Stanley upgraded shares of Warehouses De Pauw to an “overweight” rating in a research note on Tuesday, September 1st. Citigroup raised Warehouses De Pauw to an “outperform” rating in a report on Thursday, September 24th. Three analysts have rated the stock with a Buy rating, According to MarketBeat, Warehouses De Pauw presently has an average rating of “Buy”.

Warehouses De Pauw Stock Performance

The stock’s 50 day moving average is $24.66 and its 200 day moving average is $25.89.

About Warehouses De Pauw

Warehouses De Pauw NV (WDP) is a Belgian real estate company specializing in logistics and industrial properties. The company develops, owns, leases and manages warehouses, distribution centers and other commercial real estate used for storage, supply-chain operations and light industrial activities.

WDP serves businesses across key European logistics markets, with a portfolio focused primarily on the Benelux region, France, Germany and Romania. Its activities include property development, redevelopment, acquisitions, asset management and the provision of tailored warehouse facilities for tenants in sectors such as retail, consumer goods, manufacturing and logistics services.

Founded in 1977, WDP has grown into a major European logistics real estate platform.