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Home / Momentum / Big Yellow (BYG.L) 18-11-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Big Yellow (BYG.L) 18-11-19

Will shares in Big Yellow (BYG.L) continue to rally, setting new recent highs?

 

  • Now trading at 1181.36p (at time of writing), the share price performance has been very strong.
  • Will it come to an end, or is this trend your friend?
  • Could this be the ideal opportunity for momentum traders?
  • Whilst momentum has been strong, traders should remember that past performance is not necessarily an indication of the future.
  • Technical traders should be mindful of new events, which can influence price action. Check our website and news outlets for updates.
  • Shares -0% from 12-month highs; +37% from 12 month lows.

Latest News

08 Nov:  Big Yellow stated that it had obtained planning permission for in Queensbury, London, for a new site with a 58,000 sqft net lettable area.

11 Oct:  Big Yellow, the self-storage group,  announced that it had obtained planning permission for a site in Hove, UK. The site will provide 55,500 sqft of net lettable area.

27 Sep:  HSBC has downgraded its rating on Big Yellow Group Plc (BYG) to hold (from buy).

09 Sep:  Nicholas Vetch, Chairman, sold 411,660 shares in the firm on the 6th September 2019 at a price of 1068.00p. This Director currently has 6,743,284 shares.

29 Jul:  Big Yellow has obtained planning permission for a site in Uxbridge, London.

19 Jul:  Big Yellow Group stated that like-for-like revenue increased by 4.4% in Q1. This follows slower occupancy performance during Q4 of the previous year.

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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