Derwent London Plc (LON:DLN - Get Free Report)'s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1,916.94 ($25.76) and traded as high as GBX 1,996 ($26.82). Derwent London shares last traded at GBX 1,991 ($26.76), with a volume of 123,664 shares.
Wall Street Analysts Forecast Growth
Separately, Shore Capital reiterated a "buy" rating on shares of Derwent London in a report on Thursday, May 8th.
View Our Latest Stock Report on DLN
Derwent London Stock Performance
The company has a debt-to-equity ratio of 40.68, a quick ratio of 0.38 and a current ratio of 0.51. The stock's 50 day moving average price is GBX 1,978.81 and its 200 day moving average price is GBX 1,918.65. The company has a market capitalization of £2.18 billion, a P/E ratio of -6.04, a price-to-earnings-growth ratio of 23.10 and a beta of 1.03.
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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