Derwent Valley (OTCMKTS:DWVYF) Stock Rating Raised to “Hold” at Jefferies Financial Group

Derwent Valley (OTCMKTS:DWVYF) was upgraded by equities researchers at Jefferies Financial Group from a “moderate sell” rating to a “hold” rating in a research note issued to investors on Wednesday, Zacks reports.

Separately, Kepler Capital Markets lowered shares of Derwent Valley from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 22nd. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Reduce”.

Derwent Valley Price Performance

Shares of DWVYF stock opened at $24.00 on Wednesday. Derwent Valley has a 12-month low of $21.32 and a 12-month high of $28.00. The firm has a 50-day moving average price of $26.50 and a 200 day moving average price of $24.74.

About Derwent Valley

Derwent Valley Holdings Limited is an Australian property development and investment company. Its activities have included the acquisition, development, ownership and management of commercial, retail, industrial and residential real estate.

The company has historically operated in Australia, with a portfolio and development activities focused primarily on the Tasmanian and New South Wales property markets. Its projects have included office, retail, industrial and residential assets, generating value through property development and long-term investment.

Derwent Valley Holdings was established in Australia and has operated as a listed property company.