British Land Company PLC Sponsored ADR (OTCMKTS:BTLCY - Get Free Report)'s stock price traded down 4.2% during trading on Wednesday . The company traded as low as $5.03 and last traded at $5.03. 1,705 shares traded hands during trading, a decline of 94% from the average session volume of 28,986 shares. The stock had previously closed at $5.25.
Analyst Upgrades and Downgrades
BTLCY has been the subject of a number of recent research reports. Kepler Capital Markets downgraded shares of British Land from a "strong-buy" rating to a "hold" rating in a report on Friday, May 30th. UBS Group cut British Land from a "strong-buy" rating to a "hold" rating in a research note on Thursday, June 26th. Two investment analysts have rated the stock with a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Buy".
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British Land Price Performance
The stock has a 50 day moving average of $5.26 and a 200 day moving average of $4.80. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.25 and a quick ratio of 0.25.
British Land Cuts Dividend
The company also recently announced a dividend, which will be paid on Monday, August 4th. Stockholders of record on Monday, June 23rd will be given a $0.0946 dividend. This represents a dividend yield of 3.81%. The ex-dividend date is Friday, June 20th.
About British Land
(
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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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