Shaftesbury Capital (LON:SHC) Hits New 12-Month Low – What’s Next?

Shaftesbury Capital PLC (LON:SHC) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 118.80 ($1.48) and last traded at GBX 119.20 ($1.49), with a volume of 1043032 shares trading hands. The stock had previously closed at GBX 122.10 ($1.52).

Shaftesbury Capital Price Performance

The stock has a market capitalization of £2.32 billion, a P/E ratio of -2,977.50 and a beta of 1.15. The business’s 50 day moving average price is GBX 131.12 and its 200 day moving average price is GBX 140.96.

About Shaftesbury Capital

Shaftesbury Capital PLC (“Shaftesbury Capital”) is the leading central London mixed-use REIT and is a constituent of the FTSE-250 Index.

Our property portfolio, valued at £4.8 billion, extends to 2.7 million square feet of lettable space across the most vibrant areas of London’s West End. With a diverse mix of shops, restaurants, cafés, bars, residential apartments and offices, our destinations include the high footfall, thriving neighbourhoods of Covent Garden, Carnaby, Soho and Chinatown.