VGP (OTCMKTS:VGPBF) Shares Down 15.9%

VGP NV (OTCMKTS:VGPBF – Get Rating) fell 15.9% on Thursday . The stock traded as low as $84.16 and last traded at $84.16. 90 shares traded hands during mid-day trading, a decline of 27% from the average session volume of 123 shares. The stock had previously closed at $100.12.

Wall Street Analyst Weigh In

Separately, Societe Generale reduced their price target on VGP from €66.00 ($70.97) to €61.50 ($66.13) in a report on Thursday, November 17th.

VGP Trading Down 15.9 %

The company has a fifty day moving average of $94.82 and a 200-day moving average of $97.26.

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.