LSL Property Services (LON:LSL) Stock Price Breaks Above 200 Day Moving Average – Should You Sell?

LSL Property Services plc (LON:LSL) crossed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of GBX 234.01 and traded as high as GBX 262. LSL Property Services shares last traded at GBX 260, with a volume of 69,125 shares changing hands.

Analysts Set New Price Targets

Separately, Shore Capital Group reissued a “house stock” rating on shares of LSL Property Services in a report on Tuesday, September 15th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, LSL Property Services currently has an average rating of “Buy” and an average target price of GBX 360.50.

LSL Property Services Stock Performance

The firm’s 50 day moving average is GBX 260.16 and its 200 day moving average is GBX 234.13. The company has a debt-to-equity ratio of 46.65, a quick ratio of 1.05 and a current ratio of 2.60. The stock has a market cap of £242.12 million, a P/E ratio of 15.31, a price-to-earnings-growth ratio of 1.49 and a beta of 0.44.

LSL Property Services (LON:LSL) last released its quarterly earnings results on Tuesday, September 15th. The company reported GBX 11.90 earnings per share (EPS) for the quarter. LSL Property Services had a net margin of 9.26% and a return on equity of 21.39%. Analysts anticipate that LSL Property Services plc will post 24.137931 EPS for the current year.

Insider Transactions at LSL Property Services

In other news, insider Darrell Evans acquired 2,581 shares of the business’s stock in a transaction dated Thursday, July 30th. The shares were acquired at an average cost of GBX 246 per share, with a total value of £6,349.26. 21.39% of the stock is owned by company insiders.

LSL Property Services Company Profile

LSL Property Services plc, together with its subsidiaries, engages in the provision of business-to-business services to mortgage intermediaries and estate agency franchisees, and valuation services to lenders in the United Kingdom. The company operates through three segments: Financial Services, Surveying & Valuation, and Estate Agency Franchising. The Financial Services segment offers compliance and other services to mortgage and insurance networks. The Surveying & Valuation segment provides valuations and professional surveying services of residential properties to various lenders and individual customers; data services to lenders; and asset management services, including managing the sale of residential properties on behalf of corporate clients and property investors.