LondonMetric Property (LON:LMP) Share Price Passes Above 200 Day Moving Average - Here's What Happened

LondonMetric Property Plc (LON:LMP - Get Free Report) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 186.12 ($2.50) and traded as high as GBX 193.60 ($2.60). LondonMetric Property shares last traded at GBX 191.36 ($2.57), with a volume of 5,441,938 shares changing hands.

LondonMetric Property Price Performance

The business has a 50-day simple moving average of GBX 182.96 and a 200 day simple moving average of GBX 185.78. The firm has a market cap of £3.90 billion, a P/E ratio of 19.76, a price-to-earnings-growth ratio of 3.27 and a beta of 0.90. The company has a debt-to-equity ratio of 53.84, a quick ratio of 0.81 and a current ratio of 0.68.

LondonMetric Property Company Profile

LondonMetric is a FTSE 100 REIT that owns and manages desirable real estate that meets occupiers demands and delivers reliable, repetitive and growing income-led returns and outperforms over the long term. As a real estate owner, we look to help occupiers, communities and stakeholders grow, thrive and revitalise in an evolving and complex world.