Land Securities Group (LON:LAND) Shares Cross Above Two Hundred Day Moving Average - Time to Sell?

Land Securities Group Plc (LON:LAND - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 579.57 ($7.79) and traded as high as GBX 588 ($7.90). Land Securities Group shares last traded at GBX 583 ($7.83), with a volume of 1,885,831 shares traded.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reissued a "hold" rating and set a GBX 557 ($7.48) price objective on shares of Land Securities Group in a research report on Monday, March 3rd.

Land Securities Group Price Performance

The company has a debt-to-equity ratio of 59.04, a current ratio of 0.42 and a quick ratio of 0.54. The company has a 50 day moving average price of GBX 555.59 and a 200 day moving average price of GBX 577.84. The firm has a market cap of £4.33 billion, a PE ratio of -13.57, a PEG ratio of 12.39 and a beta of 1.44.

Land Securities Group Company Profile

At Landsec, we build and invest in buildings, spaces and partnerships to create sustainable places, connect communities and realise potential. We are one of the largest real estate companies in Europe, with a £12 billion portfolio of retail, leisure, workspace and residential hubs. Landsec is shaping a better future by leading our industry on environmental and social sustainability while delivering value for our shareholders, great experiences for our guests and positive change for our communities.