London & Associated Properties (LON:LAS) Shares Pass Below 200 Day Moving Average – Here’s What Happened

London & Associated Properties Plc (LON:LAS)’s stock price 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 traded.

London & Associated Properties Price Performance

The company has a quick ratio of 0.38, a current ratio of 0.80 and a debt-to-equity ratio of 52.56. The company has a market capitalization of £6.40 million, a P/E ratio of -750.00 and a beta of 0.09. The company’s 50-day simple moving average is GBX 8.40 and its 200 day simple moving average is GBX 9.35.

London & Associated Properties Company Profile

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.