London & Associated Properties (LON:LAS) Shares Pass Below 200 Day Moving Average – Here’s Why

London & Associated Properties Plc (LON:LASGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 9.49 ($0.12) and traded as low as GBX 6.75 ($0.09). London & Associated Properties shares last traded at GBX 6.75 ($0.09), with a volume of 17,679 shares.

London & Associated Properties Trading Down 20.6 %

The company’s 50 day simple moving average is GBX 8.49 and its two-hundred day simple moving average is GBX 9.49. The company has a market cap of £5.76 million, a PE ratio of -675.00 and a beta of 0.09. The company has a debt-to-equity ratio of 52.56, a current ratio of 0.80 and a quick ratio of 0.38.

London & Associated Properties Company Profile

(Get Free Report)

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.

Further Reading

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