Shaftesbury Capital (LON:SHC) Sets New 52-Week High - Here's Why

Shaftesbury Capital PLC (LON:SHC - Get Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as GBX 158.80 ($2.17) and last traded at GBX 151.40 ($2.07), with a volume of 6186421 shares trading hands. The stock had previously closed at GBX 158.10 ($2.16).

Analyst Upgrades and Downgrades

Separately, Citigroup reiterated a "buy" rating on shares of Shaftesbury Capital in a research note on Tuesday, April 29th.

Shaftesbury Capital Price Performance

The stock has a market capitalization of £2.99 billion, a P/E ratio of 75.16 and a beta of 1.15. The stock's fifty day moving average is GBX 145.59 and its two-hundred day moving average is GBX 130.69.

Shaftesbury Capital Company Profile

Shaftesbury Capital PLC ("Shaftesbury Capital") is the leading central London mixed-use REIT and is a constituent of the FTSE-250 Index. Our property portfolio, valued at £4.8 billion, extends to 2.7 million square feet of lettable space across the most vibrant areas of London's West End. With a diverse mix of shops, restaurants, cafés, bars, residential apartments and offices, our destinations include the high footfall, thriving neighbourhoods of Covent Garden, Carnaby, Soho and Chinatown.