London & Associated Properties (LON:LAS) Stock Price Down 4.8% – Should You Sell?

London & Associated Properties Plc (LON:LASGet Free Report) was down 4.8% on Thursday . The company traded as low as GBX 10 ($0.13) and last traded at GBX 10 ($0.13). Approximately 182 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 26,907 shares. The stock had previously closed at GBX 10.50 ($0.14).

London & Associated Properties Price Performance

The company has a fifty day moving average of GBX 10.89 and a 200-day moving average of GBX 10.75. The company has a current ratio of 0.80, a quick ratio of 0.38 and a debt-to-equity ratio of 52.56. The stock has a market cap of £8.53 million, a PE ratio of -1,000.00 and a beta of 0.09.

About London & Associated Properties

(Get Free Report)

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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