Derwent London Plc (LON:DLN - Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1,919.07 ($26.19) and traded as high as GBX 2,030 ($27.71). Derwent London shares last traded at GBX 2,020.40 ($27.57), with a volume of 177,020 shares.
Analyst Ratings Changes
Separately, Shore Capital reiterated a "buy" rating on shares of Derwent London in a report on Thursday, May 8th.
Check Out Our Latest Analysis on Derwent London
Derwent London Trading Down 0.7%
The stock has a market cap of £2.22 billion, a price-to-earnings ratio of -6.16, a P/E/G ratio of 23.10 and a beta of 1.03. The business has a 50-day simple moving average of GBX 1,981.50 and a two-hundred day simple moving average of GBX 1,919.07. The company has a debt-to-equity ratio of 40.68, a quick ratio of 0.38 and a current ratio of 0.51.
Derwent London Company Profile
(
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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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