Shares of London & Associated Properties Plc (LON:LAS – Get Free Report) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 9.81 ($0.12) and traded as low as GBX 9 ($0.11). London & Associated Properties shares last traded at GBX 9 ($0.11), with a volume of 59,206 shares trading hands.
London & Associated Properties Stock Down 2.7 %
The firm’s 50-day simple moving average is GBX 9.79 and its 200 day simple moving average is GBX 10.44. The company has a debt-to-equity ratio of 52.56, a quick ratio of 0.38 and a current ratio of 0.80. The stock has a market capitalization of £7.68 million, a P/E ratio of -900.00 and a beta of 0.09.
About London & Associated Properties
London & Associated Properties is a fully listed property investment company specialising in retail. It owns a portfolio of shopping centres and other retail property currently worth some £78m. LAP also invests in joint ventures with institutional co-owners; these have included Oaktree Capital Management, Schroders and Bank of Scotland.
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