Lsl Property (OTCMKTS:LSLPF) Stock Price Down 15.5% - Here's Why

Key Points

• Lsl Property shares declined by 15.5%, trading as low as $3.36, from a previous closing price of $3.98.
• Despite the drop, Jefferies Financial Group has initiated coverage with a "buy" rating, contributing to a consensus rating of "buy" from analysts.
• The company's stock prices are below both its 50-day moving average of $4.12 and its 200-day moving average of $3.93.

Lsl Property (OTCMKTS:LSLPF - Get Free Report) shares fell 15.5% during trading on Monday . The stock traded as low as $3.36 and last traded at $3.36. 5,167 shares changed hands during mid-day trading, The stock had previously closed at $3.98.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group started coverage on shares of Lsl Property in a report on Wednesday, September 17th. They set a "buy" rating on the stock. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of "Buy".

Lsl Property Price Performance

The business's 50-day moving average price is $4.12 and its 200 day moving average price is $3.93.

Lsl Property Company Profile

LSL Property Services plc, together with its subsidiaries, engages in the provision of business-to-business services to mortgage intermediaries and estate agency franchisees, and valuation services to lenders in the United Kingdom. The company operates through three segments: Financial Services, Surveying & Valuation, and Estate Agency Franchising.

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