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British Land (LON:BLND) Share Price Passes Above 200-Day Moving Average - What's Next?

British Land logo with Real Estate background

Shares of British Land Company PLC (LON:BLND - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 372.28 ($4.95) and traded as high as GBX 399 ($5.31). British Land shares last traded at GBX 398 ($5.29), with a volume of 2,056,214 shares traded.

British Land Stock Up 0.3 %

The company has a debt-to-equity ratio of 44.14, a quick ratio of 0.25 and a current ratio of 0.59. The business's 50 day moving average is GBX 369.33 and its 200-day moving average is GBX 372.28. The stock has a market cap of £3.97 billion, a price-to-earnings ratio of 4.32, a PEG ratio of 6.76 and a beta of 1.55.

About British Land

(Get Free Report)

Our portfolio of high quality UK commercial property is focused on London Campuses and Retail & London Urban Logistics assets throughout the UK. We own or manage a portfolio valued at £13.0bn (British Land share: £8.9bn) as at 31 March 2023 making us one of Europe's largest listed real estate investment companies.

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