London & Associated Properties (LON:LAS) Shares Pass Below 50-Day Moving Average – Should You Sell?

London & Associated Properties Plc (LON:LAS) shares crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 8.87 ($0.12) and traded as low as GBX 7.25 ($0.10). London & Associated Properties shares last traded at GBX 7.25 ($0.10), with a volume of 20,320 shares traded.

London & Associated Properties Price Performance

The firm has a market capitalization of £6.83 million, a P/E ratio of -400.00 and a beta of 0.09. The company has a debt-to-equity ratio of 52.56, a quick ratio of 0.38 and a current ratio of 0.80. The firm has a 50-day moving average of GBX 8.87 and a 200-day moving average of GBX 8.82.

London & Associated Properties (LON:LAS) last posted its earnings results on Tuesday, September 30th. The company reported GBX (1.50) earnings per share (EPS) for the quarter. London & Associated Properties had a negative net margin of 1.61% and a positive return on equity of 3.76%.

About London & Associated Properties

London & Associated Properties is a fully listed property investment company specialising in retail. It owns a portfolio of shopping centres and other retail property currently worth some £78m. LAP also invests in joint ventures with institutional co-owners; these have included Oaktree Capital Management, Schroders and Bank of Scotland.