VGP (OTCMKTS:VGPBF) Shares Down 9.3% – Time to Sell?

Shares of VGP NV (OTCMKTS:VGPBFGet Free Report) fell 9.3% during mid-day trading on Thursday . The company traded as low as $89.65 and last traded at $89.65. 604 shares traded hands during mid-day trading, an increase of 305% from the average session volume of 149 shares. The stock had previously closed at $98.88.

VGP Stock Down 9.3 %

The company’s 50 day moving average is $101.58 and its 200-day moving average is $107.50.

VGP Company Profile

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VGP NV, together with its subsidiaries, develops, owns, and manages logistics and semi-industrial real estate, and ancillary offices. It leases its properties to tenants in the logistic sector, including storing, assembling, re-conditioning, and final treatment of the goods. The company also provides property management services; asset management services related to corporate administration, financing, business planning, reporting, budgeting, management of tax and legal affairs, controlling, etc.; project management and leasing services; and facility management services, such as maintenance, waste management, and greenery maintenance services.

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