Shaftesbury Capital (LON:SHC) Shares Down 1.5% – Time to Sell?

Shares of Shaftesbury Capital PLC (LON:SHCGet Free Report) fell 1.5% during mid-day trading on Tuesday . The stock traded as low as GBX 120.70 ($1.49) and last traded at GBX 122.10 ($1.51). 2,926,881 shares traded hands during trading, an increase of 32% from the average session volume of 2,220,724 shares. The stock had previously closed at GBX 124 ($1.53).

Shaftesbury Capital Price Performance

The business’s fifty day moving average price is GBX 130.64 and its 200 day moving average price is GBX 140.83. The company has a market cap of £2.35 billion, a price-to-earnings ratio of -3,007.50 and a beta of 1.15.

About Shaftesbury Capital

(Get Free Report)

Shaftesbury Capital PLC (“Shaftesbury Capital”) is the leading central London mixed-use REIT and is a constituent of the FTSE-250 Index.

Our property portfolio, valued at £4.8 billion, extends to 2.7 million square feet of lettable space across the most vibrant areas of London’s West End. With a diverse mix of shops, restaurants, cafés, bars, residential apartments and offices, our destinations include the high footfall, thriving neighbourhoods of Covent Garden, Carnaby, Soho and Chinatown.

Read More

Receive News & Ratings for Shaftesbury Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shaftesbury Capital and related companies with MarketBeat.com's FREE daily email newsletter.