London & Associated Properties (LON:LAS) Shares Up 31%

London & Associated Properties Plc (LON:LASGet Free Report)’s share price traded up 31% during mid-day trading on Friday . The stock traded as high as GBX 13.90 ($0.18) and last traded at GBX 13.75 ($0.18). 87,221 shares traded hands during trading, an increase of 209% from the average session volume of 28,230 shares. The stock had previously closed at GBX 10.50 ($0.14).

London & Associated Properties Trading Up 31.0 %

The firm has a market capitalization of £11.73 million, a P/E ratio of -275.00 and a beta of 0.03. The company has a quick ratio of 0.38, a current ratio of 0.83 and a debt-to-equity ratio of 58.08. The firm’s 50-day simple moving average is GBX 10.67 and its 200-day simple moving average is GBX 10.43.

London & Associated Properties Company Profile

(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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