London & Associated Properties Plc (LON:LAS – Get Free Report)’s share price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 3.50 and traded as low as GBX 2. London & Associated Properties shares last traded at GBX 3.50, with a volume of 1,080,385 shares trading hands.
London & Associated Properties Stock Up 0.6%
The company has a market cap of £2.99 million, a PE ratio of -1.75 and a beta of 0.09. The business has a 50-day simple moving average of GBX 3.50 and a 200-day simple moving average of GBX 4.81. The company has a quick ratio of 0.38, a current ratio of 0.80 and a debt-to-equity ratio of 52.56.
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. LAMS, LAP's directly owned subsidiary, is an property asset manager that carries out both asset management and property management for third parties. These parties have included the Lloyds Bank, NAMA, Deloittes and Grant Thornton as well as the joint ventures in which LAP has invested.
Further Reading
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