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Land Securities Group (OTCMKTS:LSGOF) Sees Large Volume Increase - Here's Why

Land Securities Group logo with Finance background

Key Points

  • Land Securities Group's trading volume surged by 438% on Monday, with approximately 12,595 shares changing hands compared to 2,340 shares the previous session.
  • The stock price increased by 2.8%, closing at $7.45, up from the previous close of $7.25.
  • Landsec, a major player in Europe's real estate sector, holds a portfolio valued at £12 billion and focuses on sustainability and community development.
  • Five stocks to consider instead of Land Securities Group.

Land Securities Group PLC (OTCMKTS:LSGOF - Get Free Report) saw unusually-high trading volume on Monday . Approximately 12,595 shares traded hands during mid-day trading, an increase of 438% from the previous session's volume of 2,340 shares.The stock last traded at $7.45 and had previously closed at $7.25.

Land Securities Group Stock Up 2.8%

The firm's 50 day moving average price is $7.90 and its two-hundred day moving average price is $7.71. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.58.

Land Securities Group Company Profile

(Get Free Report)

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.

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