Land Securities Group (OTCMKTS:LSGOF) Shares Gap Down - What's Next?

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 - ) gapped down before the market opened 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 Trading Down 7.5%

The firm has a fifty day moving average of $7.99 and a 200 day moving average of $7.72. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.58.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.