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Land Securities Group (OTCMKTS:LSGOF) Shares Gap Down - Here's Why

Land Securities Group logo with Finance background

Key Points

  • Land Securities Group shares experienced a significant decline, gapping down from a previous close of $8.05 to open at $7.46, reflecting a drop of 7.4%.
  • The company's financial ratios show a current ratio of 0.63 and a debt-to-equity ratio of 0.58, indicating potential liquidity and leverage concerns.
  • Land Securities Group is one of Europe’s largest real estate companies, boasting a £12 billion portfolio across various sectors including retail and residential.
  • Looking to export and analyze Land Securities Group data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Land Securities Group PLC (OTCMKTS:LSGOF - Get Free Report)'s stock price gapped down prior to trading on Thursday . The stock had previously closed at $8.05, but opened at $7.46. Land Securities Group shares last traded at $7.46, with a volume of 1,556 shares trading hands.

Land Securities Group Stock Performance

The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.58. The company's fifty day moving average price is $8.28 and its two-hundred day moving average price is $7.64.

About Land Securities Group

(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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