London & Associated Properties (LON:LAS) Trading Down 8.6%

Shares of London & Associated Properties plc (LON:LAS) fell 8.6% during mid-day trading on Friday . The stock traded as low as GBX 22.40 ($0.29) and last traded at GBX 22.40 ($0.29), 1,618 shares were traded during mid-day trading. A decline of 87% from the average session volume of 12,732 shares. The stock had previously closed at GBX 24.50 ($0.32).

The business’s 50 day simple moving average is GBX 24.37. The firm has a market cap of $20.91 million and a PE ratio of -10.21. The company has a debt-to-equity ratio of 107.88, a current ratio of 1.31 and a quick ratio of 0.52.

About London & Associated Properties (LON:LAS)

London & Associated Properties PLC (LAP) is engaged in property investment and development, as well as investment in joint ventures and an associated company, Bisichi Mining PLC (Bisichi). The Company invests in the United Kingdom shopping centers and retail property whilst also manages property assets for institutional clients.

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