Big Yellow Group (OTCMKTS:BYLOF) Shares Down 4.8% – Here’s Why

Big Yellow Group Plc (OTCMKTS:BYLOFGet Free Report)’s stock price fell 4.8% on Monday . The company traded as low as $13.75 and last traded at $13.80. 6,475 shares changed hands during mid-day trading, an increase of 162% from the average session volume of 2,467 shares. The stock had previously closed at $14.50.

Analyst Ratings Changes

Several analysts have recently issued reports on BYLOF shares. Citigroup reiterated a “buy” rating on shares of Big Yellow Group in a research note on Tuesday, September 23rd. Jefferies Financial Group cut Big Yellow Group from a “buy” rating to a “hold” rating in a research report on Tuesday, October 28th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Get Our Latest Stock Analysis on Big Yellow Group

Big Yellow Group Price Performance

The company’s 50-day moving average is $14.38 and its 200-day moving average is $13.40.

About Big Yellow Group

(Get Free Report)

Big Yellow is the UK's brand leader in self storage. Big Yellow now operates from a platform of 109 stores, including 24 stores branded as Armadillo Self Storage. We have a pipeline of 0.9 million sq ft comprising 13 proposed Big Yellow self storage facilities. The current maximum lettable area of the existing platform (including Armadillo) is 6.4 million sq ft.

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