London & Associated Properties (LON:LAS) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

London & Associated Properties Plc (LON:LASGet Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 9.35 ($0.12) and traded as low as GBX 7.50 ($0.10). London & Associated Properties shares last traded at GBX 7.50 ($0.10), with a volume of 8,250 shares.

London & Associated Properties Trading Down 6.3 %

The company has a fifty day simple moving average of GBX 8.40 and a 200-day simple moving average of GBX 9.35. The stock has a market cap of £6.40 million, a price-to-earnings ratio of -750.00 and a beta of 0.09. The company has a current ratio of 0.80, a quick ratio of 0.38 and a debt-to-equity ratio of 52.56.

About London & Associated Properties

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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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