Klépierre (OTCMKTS:KLPEF) Stock Price Down 8.3% – Here’s Why

Posted by ABMN Staff on Dec 11th, 2024

Shares of Klépierre SA (OTCMKTS:KLPEF – Get Free Report) were down 8.3% during trading on Tuesday . The stock traded as low as $28.41 and last traded at $28.41. Approximately 312 shares changed hands during mid-day trading, a decline of 63% from the average daily volume of 846 shares. The stock had previously closed at $30.99.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Research Report on KLPEF

Klépierre Stock Down 8.3 %

The business has a 50 day moving average price of $31.17 and a two-hundred day moving average price of $29.78.

Klépierre Company Profile

(Get Free Report)

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.