Warehouses De Pauw (OTCMKTS:WDPSF) Trading 8.6% Higher – Still a Buy?

Warehouses De Pauw SA (OTCMKTS:WDPSF) shares traded up 8.6% on Wednesday . The stock traded as high as $28.3663 and last traded at $28.3663. 26 shares were traded during trading, a decline of 78% from the average session volume of 116 shares. The stock had previously closed at $26.1188.

Wall Street Analyst Weigh In

Separately, Oddo Bhf raised shares of Warehouses De Pauw to an “outperform” rating in a research note on Thursday, January 15th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Warehouses De Pauw Stock Performance

The company’s 50 day moving average is $28.05 and its two-hundred day moving average is $26.48.

Warehouses De Pauw Company Profile

Warehouses De Pauw, trading on the OTC market under the symbol WDPSF, is a Belgian real estate investment trust focused on the development, ownership and management of logistics and distribution properties. Headquartered in Merchtem, Belgium, the company specializes in providing modern, high-quality warehouse and logistics facilities designed to meet the needs of a diverse range of industrial and commercial tenants.

The company’s core activities include the design, construction and leasing of build-to-suit and multi-tenant distribution centers.