Shares of Derwent London Plc (LON:DLN - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,919.07 ($26.09) and traded as high as GBX 2,030 ($27.60). Derwent London shares last traded at GBX 2,020.40 ($27.47), with a volume of 177,020 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Shore Capital restated a "buy" rating on shares of Derwent London in a report on Thursday, May 8th.
Read Our Latest Stock Analysis on DLN
Derwent London Trading Down 0.3%
The firm has a market capitalization of £2.21 billion, a PE ratio of -6.13, a price-to-earnings-growth ratio of 23.10 and a beta of 1.03. The company's 50-day simple moving average is GBX 1,984.12 and its 200 day simple moving average is GBX 1,918.96. The company has a quick ratio of 0.38, a current ratio of 0.51 and a debt-to-equity ratio of 40.68.
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.
Further Reading
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