London & Associated Properties Plc (LON:LAS – Get Free Report) shares fell 7.2% on Wednesday . The company traded as low as GBX 8.12 ($0.11) and last traded at GBX 8.12 ($0.11). 20,000 shares traded hands during mid-day trading, an increase of 6% from the average session volume of 18,801 shares. The stock had previously closed at GBX 8.75 ($0.11).
London & Associated Properties Price Performance
The company has a market cap of £6.93 million, a price-to-earnings ratio of -812.00 and a beta of 0.09. The company has a 50-day simple moving average of GBX 8.78 and a 200-day simple moving average of GBX 9.77. The company has a debt-to-equity ratio of 52.56, a quick ratio of 0.38 and a current ratio of 0.80.
About London & Associated Properties
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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