London & Associated Properties Plc (LON:LAS – Get Free Report) shares traded down 11.4% on Friday . The company traded as low as GBX 9.75 ($0.12) and last traded at GBX 9.75 ($0.12). 12,261 shares traded hands during mid-day trading, a decline of 56% from the average session volume of 27,878 shares. The stock had previously closed at GBX 11 ($0.14).
London & Associated Properties Trading Down 2.6 %
The company has a debt-to-equity ratio of 52.56, a quick ratio of 0.38 and a current ratio of 0.80. The company’s 50-day moving average price is GBX 9.97 and its 200-day moving average price is GBX 10.64. The firm has a market capitalization of £8.11 million, a PE ratio of -950.00 and a beta of 0.09.
About London & Associated Properties
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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