Land Securities Group (OTCMKTS:LSGOF) Shares Gap Down - Time to Sell?

Key Points

• Land Securities Group shares experienced a gap down, opening at $7.25 after closing at $7.84, marking a decline of 7.5%.
• The company's debt-to-equity ratio stands at 0.58, with current and quick ratios both at 0.63, indicating a tight liquidity situation.
• Land Securities is one of Europe's largest real estate companies, managing a £12 billion portfolio in retail, leisure, workspace, and residential sectors.

Land Securities Group PLC (OTCMKTS:LSGOF - Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $7.84, but opened at $7.25. Land Securities Group shares last traded at $7.25, with a volume of 200 shares trading hands.

Land Securities Group Stock Up 2.8%

The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.58. The business has a fifty day moving average of $7.90 and a 200-day moving average of $7.71.

About Land Securities Group

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.