London & Associated Properties (LON:LAS) Trading Up 10.5%

London & Associated Properties Plc (LON:LASGet Free Report)’s share price was up 10.5% on Friday . The stock traded as high as GBX 10.94 ($0.14) and last traded at GBX 10.50 ($0.13). Approximately 10,000 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 26,234 shares. The stock had previously closed at GBX 9.50 ($0.12).

London & Associated Properties Price Performance

The stock has a market cap of £8.96 million, a price-to-earnings ratio of -262.50 and a beta of 0.09. The company has a 50 day simple moving average of GBX 9.58 and a 200-day simple moving average of GBX 10.21. The company has a current ratio of 1.12, a quick ratio of 0.38 and a debt-to-equity ratio of 82.46.

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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