Swiss Prime Site (OTCMKTS:SWPRF) Shares Climb 14.9% – Still a Buy?

Swiss Prime Site AG (OTCMKTS:SWPRF – Get Free Report)’s share price traded up 14.9% during mid-day trading on Thursday. The stock traded as high as $162.65 and last traded at $162.65. Approximately 151 shares were traded during mid-day trading, a decline of 52% from the average session volume of 314 shares. The stock had previously closed at $141.5075.

Analysts Set New Price Targets

Separately, Barclays lowered Swiss Prime Site from an “overweight” rating to a “reduce” rating in a research report on Monday, August 24th. Two equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce”.

Get Our Latest Stock Analysis on SWPRF

Swiss Prime Site Stock Performance

The company’s 50 day moving average price is $153.26 and its 200 day moving average price is $161.74.

About Swiss Prime Site

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Further Reading

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