London & Associated Properties Plc (LON:LAS – Get Free Report) was down 11.4% during mid-day trading on Friday . The stock traded as low as GBX 9.75 ($0.12) and last traded at GBX 9.75 ($0.12). Approximately 12,261 shares traded hands during mid-day trading, a decline of 56% from the average daily volume of 27,878 shares. The stock had previously closed at GBX 11 ($0.14).
London & Associated Properties Stock Performance
The firm has a fifty day simple moving average of GBX 9.97 and a 200-day simple moving average of GBX 10.64. 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 cap 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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