Land Securities Group (LON:LAND) Hits New 1-Year Low – Here’s Why

Land Securities Group Plc (LON:LAND)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 589 ($7.67) and last traded at GBX 589.50 ($7.67), with a volume of 6283110 shares trading hands. The stock had previously closed at GBX 595 ($7.75).

Land Securities Group Stock Performance

The company has a debt-to-equity ratio of 58.63, a current ratio of 0.42 and a quick ratio of 0.54. The firm has a market capitalization of £4.39 billion, a P/E ratio of -1,394.19, a P/E/G ratio of 12.39 and a beta of 1.44. The firm has a 50-day moving average price of GBX 640.79 and a two-hundred day moving average price of GBX 640.94.

About Land Securities Group

At Landsec, we build and invest in buildings, spaces and partnerships to create sustainable places, connect communities and realise potential. We are one of the largest real estate companies in Europe, with a £12 billion portfolio of retail, leisure, workspace and residential hubs. Landsec is shaping a better future by leading our industry on environmental and social sustainability while delivering value for our shareholders, great experiences for our guests and positive change for our communities.