LXB Retail Properties (LON:LXB) Stock Price Down 45.9% – Should You Sell?

LXB Retail Properties Plc (LON:LXB) shares dropped 45.9% during trading on Wednesday . The company traded as low as GBX 1.54 ($0.02) and last traded at GBX 1.54 ($0.02). Approximately 4,819,707 shares were traded during trading, an increase of 637% from the average daily volume of 654,396 shares. The stock had previously closed at GBX 2.85 ($0.04).

LXB Retail Properties Price Performance

The business has a 50 day moving average price of GBX 1.54 and a 200 day moving average price of GBX 1.54. The stock has a market cap of £2.59 million and a P/E ratio of -0.22.

About LXB Retail Properties

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.