Shares of Derwent London Plc (LON:DLN - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,917.65 ($25.75) and traded as high as GBX 1,963 ($26.36). Derwent London shares last traded at GBX 1,953 ($26.23), with a volume of 104,281 shares traded.
Analyst Ratings Changes
Separately, Shore Capital reaffirmed a "buy" rating on shares of Derwent London in a research report on Thursday, May 8th.
View Our Latest Analysis on Derwent London
Derwent London Stock Up 0.8%
The firm has a market cap of £2.18 billion, a price-to-earnings ratio of -6.04, a P/E/G ratio of 23.10 and a beta of 1.03. The company has a debt-to-equity ratio of 40.68, a current ratio of 0.51 and a quick ratio of 0.38. The stock has a 50-day moving average of GBX 1,977.49 and a 200-day moving average of GBX 1,917.74.
About Derwent London
(
Get Free Report)
Derwent London plc owns 66 buildings in a commercial real estate portfolio predominantly in central London valued at £4.9 billion as at 31 December 2023, making it the largest London office-focused real estate investment trust (REIT). Our experienced team has a long track record of creating value throughout the property cycle by regenerating our buildings via development or refurbishment, effective asset management and capital recycling.
Further Reading
Before you consider Derwent London, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Derwent London wasn't on the list.
While Derwent London currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
