Shaftesbury (LON:SHB) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

Shaftesbury PLC (LON:SHBGet Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 421.60 ($5.35) and traded as high as GBX 421.80 ($5.35). Shaftesbury shares last traded at GBX 421.60 ($5.35), with a volume of 3,062,759 shares.

Shaftesbury Stock Up 1.3 %

The stock’s fifty day moving average price is GBX 421.60 and its 200-day moving average price is GBX 421.60. The company has a quick ratio of 4.00, a current ratio of 4.12 and a debt-to-equity ratio of 38.78. The company has a market capitalization of £1.62 billion, a price-to-earnings ratio of 1,277.58, a P/E/G ratio of 3.52 and a beta of 0.82.

About Shaftesbury

(Get Free Report)

Shaftesbury is a Real Estate Investment Trust which invests exclusively in the liveliest parts of London's West End. Focused on food, beverage, retail and leisure, our portfolio is clustered mainly in Carnaby, Seven Dials and Chinatown, but also includes substantial ownerships in East and West Covent Garden, Soho and Fitzrovia.

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