British Land (LON:BLND) Stock Passes Above 200 Day Moving Average - Here's What Happened

British Land Company PLC (LON:BLND - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 370.23 ($5.03) and traded as high as GBX 390.35 ($5.30). British Land shares last traded at GBX 383.80 ($5.21), with a volume of 2,138,625 shares.

British Land Stock Up 0.0%

The stock has a market capitalization of £3.83 billion, a price-to-earnings ratio of 4.17, a price-to-earnings-growth ratio of 6.76 and a beta of 1.55. The company has a debt-to-equity ratio of 44.14, a current ratio of 0.59 and a quick ratio of 0.25. The firm has a 50 day simple moving average of GBX 382.46 and a 200-day simple moving average of GBX 370.23.

British Land (LON:BLND - Get Free Report) last announced its earnings results on Thursday, May 22nd. The company reported GBX 28.50 ($0.39) earnings per share for the quarter. British Land had a return on equity of 18.53% and a net margin of 171.35%. On average, sell-side analysts forecast that British Land Company PLC will post 29.375 EPS for the current fiscal year.

About British Land

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.