Damian Wisniewski Buys 2,836 Shares of Derwent London Plc (LON:DLN) Stock

Derwent London Plc (LON:DLN) insider Damian Wisniewski acquired 2,836 shares of Derwent London stock in a transaction dated Friday, March 7th. The shares were acquired at an average price of GBX 1,749 ($22.60) per share, with a total value of £49,601.64 ($64,093.09).

Derwent London Stock Performance

Shares of LON DLN opened at GBX 1,783 ($23.04) on Friday. The company has a current ratio of 0.51, a quick ratio of 0.38 and a debt-to-equity ratio of 40.68. The stock has a 50 day simple moving average of GBX 1,908.95 and a 200-day simple moving average of GBX 2,119.24. The company has a market cap of £2.00 billion, a PE ratio of -5.53, a P/E/G ratio of 23.10 and a beta of 1.03. Derwent London Plc has a 12-month low of GBX 1,738 ($22.46) and a 12-month high of GBX 2,530 ($32.69).

Derwent London (LON:DLN) last issued its quarterly earnings data on Thursday, February 27th. The real estate investment trust reported GBX 106.50 ($1.38) earnings per share (EPS) for the quarter. Derwent London had a negative return on equity of 10.41% and a negative net margin of 129.56%. On average, equities research analysts forecast that Derwent London Plc will post 113.7351779 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Shore Capital upgraded Derwent London to a “buy” rating in a research report on Wednesday, December 4th.

Derwent London Company Profile

Derwent London plc owns 66 buildings in a commercial real estate portfolio predominantly in central London valued at £4.9 billion as at 31 December 2023, making it the largest London office-focused real estate investment trust (REIT). Our experienced team has a long track record of creating value throughout the property cycle by regenerating our buildings via development or refurbishment, effective asset management and capital recycling.