London & Associated Properties Plc (LON:LAS – Get Free Report)’s share price rose 31% during trading on Friday . The company traded as high as GBX 13.90 ($0.18) and last traded at GBX 13.75 ($0.18). Approximately 87,221 shares traded hands during mid-day trading, an increase of 209% from the average daily volume of 28,230 shares. The stock had previously closed at GBX 10.50 ($0.14).
London & Associated Properties Price Performance
The stock has a 50-day simple moving average of GBX 10.67 and a 200 day simple moving average of GBX 10.42. The stock has a market capitalization of £11.73 million, a P/E ratio of -275.00 and a beta of 0.03. The company has a debt-to-equity ratio of 58.08, a quick ratio of 0.38 and a current ratio of 0.83.
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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