London & Associated Properties Plc (LON:LAS – Get Free Report) was down 9.1% during trading on Thursday . The stock traded as low as GBX 10 ($0.13) and last traded at GBX 10 ($0.13). Approximately 100,000 shares traded hands during mid-day trading, an increase of 273% from the average daily volume of 26,802 shares. The stock had previously closed at GBX 11 ($0.14).
London & Associated Properties Stock Performance
The company’s 50 day moving average is GBX 9.96 and its 200-day moving average is GBX 10.67. The company has a market capitalization of £9.39 million, a P/E ratio of -1,100.00 and a beta of 0.09. The company has a current ratio of 0.80, a quick ratio of 0.38 and a debt-to-equity ratio of 52.56.
London & Associated Properties Company Profile
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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