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

Shares of Land Securities Group PLC (OTCMKTS:LSGOF – Get Free Report) gapped down before the market opened on Friday. The stock had previously closed at $8.6050, but opened at $8.1850. Land Securities Group shares last traded at $8.1850, with a volume of 231 shares.

Land Securities Group Stock Down 4.9%

The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.67 and a current ratio of 0.67. The company has a 50 day simple moving average of $9.33 and a 200 day simple moving average of $8.65.

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.

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