Shaftesbury Capital (LON:SHC) Hits New 12-Month Low – Here’s Why

Shares of Shaftesbury Capital PLC (LON:SHC) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 115.90 ($1.50) and last traded at GBX 118 ($1.53), with a volume of 1254754 shares. The stock had previously closed at GBX 118.20 ($1.53).

Shaftesbury Capital Trading Down 0.5 %

The company has a market cap of £2.25 billion, a PE ratio of 56.43 and a beta of 1.15. The business’s 50-day simple moving average is GBX 122.59 and its 200-day simple moving average is GBX 134.04.

Shaftesbury Capital (LON:SHC) last released its quarterly earnings results on Thursday, February 27th. The company reported GBX 4 ($0.05) earnings per share for the quarter. Shaftesbury Capital had a net margin of 16.37% and a return on equity of 1.07%. On average, research analysts predict that Shaftesbury Capital PLC will post 5.0712105 earnings per share for the current fiscal year.

About Shaftesbury Capital

Shaftesbury Capital PLC (“Shaftesbury Capital”) is the leading central London mixed-use REIT and is a constituent of the FTSE-250 Index.

Our property portfolio, valued at £4.8 billion, extends to 2.7 million square feet of lettable space across the most vibrant areas of London’s West End. With a diverse mix of shops, restaurants, cafés, bars, residential apartments and offices, our destinations include the high footfall, thriving neighbourhoods of Covent Garden, Carnaby, Soho and Chinatown.