Land Securities Group (OTCMKTS:LSGOF) Shares Gap Down – Here’s What Happened

Shares of Land Securities Group PLC (OTCMKTS:LSGOFGet Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $9.72, but opened at $8.6050. Land Securities Group shares last traded at $8.6050, with a volume of 963 shares trading hands.

Land Securities Group Price Performance

The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.57. The firm has a 50 day moving average price of $9.37 and a 200-day moving average price of $8.67.

About Land Securities Group

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Land Securities Group plc, commonly known as Landsec, is a United Kingdom-based commercial property company. It owns, develops and manages property across several sectors, including offices, retail destinations, leisure assets and mixed-use urban neighborhoods.

The company’s activities include property investment, development, asset management and leasing. Its portfolio includes office buildings, shopping centers and retail parks, as well as large-scale mixed-use developments that combine workspaces, homes, shops, restaurants and public spaces.

Founded in 1944, Landsec has historically focused on the UK property market, with assets concentrated in London and other major UK cities.

Further Reading

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