London & Associated Properties Plc (LON:LAS – Get Free Report) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 3.50 and traded as high as GBX 3.50. London & Associated Properties shares last traded at GBX 3.50, with a volume of 1,080,385 shares changing hands.
London & Associated Properties Price Performance
The company has a debt-to-equity ratio of 52.56, a current ratio of 0.80 and a quick ratio of 0.38. The stock’s fifty day moving average is GBX 3.50 and its 200-day moving average is GBX 3.50. The stock has a market cap of £2.99 million, a PE ratio of -1.75 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. 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.
See Also
- Five stocks we like better than London & Associated Properties
- Gravity Check: Houston, SpaceX Has a Valuation Problem
- Strategy’s Bitcoin Rally Has a Hidden Engine
- Okta’s AI Moment May Be Bigger Than Investors Realize
- 3 Rate-Ready Stocks for the New Fed Chair’s First Big Test
Receive News & Ratings for London & Associated Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for London & Associated Properties and related companies with MarketBeat.com's FREE daily email newsletter.
