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
(
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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.
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