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Shaftesbury Capital (LON:SHC) Stock Price Up 1.5% - Here's What Happened

Shaftesbury Capital logo with Real Estate background

Shares of Shaftesbury Capital PLC (LON:SHC - Get Free Report) shot up 1.5% during mid-day trading on Thursday . The company traded as high as GBX 154.90 ($2.13) and last traded at GBX 154.50 ($2.12). 3,670,703 shares changed hands during trading, a decline of 52% from the average session volume of 7,649,191 shares. The stock had previously closed at GBX 152.20 ($2.09).

Analyst Upgrades and Downgrades

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

View Our Latest Stock Analysis on Shaftesbury Capital

Shaftesbury Capital Price Performance

The company has a market capitalization of £3.02 billion, a PE ratio of 75.94 and a beta of 1.15. The firm's fifty day simple moving average is GBX 143.59 and its 200 day simple moving average is GBX 129.90.

About Shaftesbury Capital

(Get Free Report)

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.

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