LXB Retail Properties (LON:LXB) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

LXB Retail Properties Plc (LON:LXB)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1.54 ($0.02) and traded as low as GBX 1.54 ($0.02). LXB Retail Properties shares last traded at GBX 1.54 ($0.02), with a volume of 4,819,707 shares trading hands.

LXB Retail Properties Trading Down 45.9 %

The firm’s 50 day moving average price is GBX 1.54 and its 200-day moving average price is GBX 1.54. The company has a market cap of £2.59 million and a P/E ratio of -0.22.

LXB Retail Properties Company Profile

LXB Retail Properties Plc is a closed-ended real estate investment company. The Company is engaged in property investment. Its investment properties are located in the United Kingdom. The Company’s subsidiaries include LXBRP Commco Limited, LXBRP LP Limited, LXB Retail Properties Fund LP, LXBRP Treasury Co Limited, LXB Gloucester LP, LXB Greenwich LP, LXB Kingsmead Borrower Limited, LXB Riverside Borrower Limited, LXB RP (Ayr Holdings) Limited, LXB RP (Ayr Retail) Limited, LXB RP (Banbury) Limited, LXB RP (Biggleswade) Limited, LXB RP (Ayr 1) Limited, LXB RP (Ayr 2) Limited, LXB RP (Ayr BP) Limited, LXB RP (Banbury) Limited, LXB RP (Biggleswade) Limited, LXB RP (Brocklebank Road) Limited, LXB RP (Crown Road) Limited, LXB RP (Gallions Road) Limited, LXB RP (Gloucester 2) Limited, LXB RP (Greenwich 8) Limited, LXB RP (Kingsmead) Limited and LXB RP (Sheppey 2) Limited.