Shaftesbury Capital (LON:SHC) Shares Down 0.3% - Here's Why

Shaftesbury Capital PLC (LON:SHC - Get Free Report) shares traded down 0.3% during trading on Wednesday . The company traded as low as GBX 142.80 ($1.94) and last traded at GBX 143.49 ($1.95). 4,146,867 shares traded hands during trading, a decline of 49% from the average session volume of 8,168,372 shares. The stock had previously closed at GBX 143.90 ($1.95).

Analysts Set New Price Targets

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

Shaftesbury Capital Stock Down 0.0%

The stock has a market cap of £2.80 billion, a P/E ratio of 70.37 and a beta of 1.15. The stock has a fifty day simple moving average of GBX 134.26 and a 200-day simple moving average of GBX 128.09.

Insider Buying and Selling

In other Shaftesbury Capital news, insider Madeleine Cosgrave bought 40,000 shares of the firm's stock in a transaction on Friday, March 28th. The stock was purchased at an average cost of GBX 127 ($1.72) per share, with a total value of £50,800 ($68,984.25). 1.71% of the stock is owned by insiders.

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.