Land Securities Group PLC (OTCMKTS:LSGOF – Get Free Report) saw a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 365,553 shares, a decrease of 89.5% from the September 30th total of 3,492,141 shares. Based on an average daily volume of 1,837 shares, the days-to-cover ratio is currently 199.0 days. Approximately 0.0% of the shares of the company are short sold.
Land Securities Group Price Performance
Shares of Land Securities Group stock remained flat at $8.68 during mid-day trading on Monday. The company has a fifty day simple moving average of $8.90 and a 200-day simple moving average of $8.70. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.57. Land Securities Group has a one year low of $7.04 and a one year high of $9.72.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group upgraded Land Securities Group from a “moderate sell” rating to a “hold” rating in a research report on Wednesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Land Securities Group presently has a consensus rating of “Buy”.
Check Out Our Latest Stock Analysis on LSGOF
Land Securities Group Company Profile
Land Securities Group plc, commonly known as Landsec, is a United Kingdom-based real estate company that develops, owns and manages commercial property. Its portfolio includes offices, retail destinations, leisure facilities and mixed-use developments, with a particular focus on prominent locations in London and other major UK cities.
The company’s activities span property investment, development, asset management and the operation of retail and leisure destinations. Landsec also develops urban neighborhoods that combine residential, commercial, retail and public spaces, with projects designed to support businesses, residents and visitors.
Established in 1944, Landsec has evolved into one of the UK’s major property companies.
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